Prescription drugs account for approximately 6% of total Medicaid spending, and Medicaid gross and net spending on them continues to rise due in part to new, high-cost drugs, like anti-obesity medications and cell and gene therapies for rare diseases. Most states are using cost containment initiatives to combat rising pharmacy costs, such as value-based purchasing arrangements and pharmacy benefit manager (PBM) reforms: https://on.kff.org/402Hgpg
KFF
Non-profit Organizations
San Francisco, California 35,492 followers
The independent source for health policy research, polling, and news.
About us
KFF is the independent source for health policy research, polling, and news.
- Website
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http://www.kff.org
External link for KFF
- Industry
- Non-profit Organizations
- Company size
- 201-500 employees
- Headquarters
- San Francisco, California
- Type
- Nonprofit
- Specialties
- The Affordable Care Act, Health Costs, Private Insurance, Medicaid, Medicare, HIV/AIDS, the Uninsured, Women's Health Policy, Disparities Policy, Global Health Policy, Polling and Surveys, Health Journalism, Health Reform, Health Policy, Reproductive Health, and Health Costs
Locations
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Primary
185 Berry St
San Francisco, California, US
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1330 G Street NW
Washington, DC 20005, US
Employees at KFF
Updates
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Swipe for this week’s quick takes from KFF experts on the lasting impact of abortion bans and the future of the Affordable Care Act. Want to know more? View the quick takes in full: https://lnkd.in/e3HMAtPf
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How widely available is coverage of GLP-1 drugs, like Wegovy, to treat obesity in employer health plans? Our survey found that fewer than 1 in 5 large employers with at least 200 workers offering health benefits say that they cover GLP-1 drugs for weight loss, while half say they don’t cover them, and the others are unsure. Among the largest firms with at least 5,000 workers, more than a quarter say they cover GLP-1 drugs, nearly two thirds say they don’t. https://lnkd.in/dnRFWN6v
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Several major unexpected political events have taken place since we published our initial survey of women voters three months ago. We recontacted women voters to see how these changes are shaping the race ahead of Election Day. Since Vice President Harris entered the race, abortion has become the most important issue for women under age 30 — rising in the ranks above inflation, this group’s top issue from earlier this summer. Explore more findings from our survey of women voters: https://on.kff.org/482RJCZ
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Our State Health Care Snapshots provide detailed data about abortion, maternal health, health costs and coverage, gender-affirming care and other issues that may come up on the campaign trail. See how states compare:
Election 2024: State Health Care Snapshots | KFF
https://www.kff.org
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While employers are seeing total premiums for family coverage rise steadily, the amount that workers on average pay toward their annual premiums is little changed over the past five years — up less than $300 since 2019, or a total of 5% over five years. Employees now pay an average of $6,296 every year for their family's health insurance: https://lnkd.in/dnRFWN6v
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Medicaid, Medicare, and the Affordable Care Act benefit people across the political spectrum, yet debates about “reform” can be sharply polarized. In his latest column, KFF President and CEO Drew Altman discusses why these issues are both partisan and personal. He writes, “If these policy ideas make it to legislative form after the election, the one question voters will want an answer to above all others is: ‘What will this mean for me and my family?’” Read more: https://on.kff.org/4gSnYsL
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In 2024, annual family premiums for employer-sponsored health coverage have increased by 7% to reach an average of $25,572 this year. This marks the second year in a row where premiums are up 7%. Over the past five years — a period of high inflation (23%) and wage growth (28%) — the cumulative increase in premiums has been similar (24%). Learn more about the latest trends in employer health benefits with our survey: https://lnkd.in/dnRFWN6v
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KFF reposted this
Just released the 2024 KFF Employer Health Benefit Survey For the second consecutive year, family premiums have increased by 7%. While that’s a significant jump, over the last five years, premiums have only kept pace with inflation. These rising costs may reflect inflation filtering through prices and into premiums. Either way, the average family premium has surpassed $25,000. It is a lot of money. On the other hand, worker contributions towards these premiums remained flat this year, with just a 5% increase over the past five years. Similarly, after years of sharp increases, average deductibles are flat. However, many workers still face significant cost-sharing—32% of covered workers in 2024 faced deductibles of $2,000 or more for single coverage. What’s driving these trends? Tight labor markets, employer concerns about affordability, and a pause in increases during the pandemic might all play a role. More in our Health Affairs article: https://lnkd.in/erNncswn Or the full KFF report https://lnkd.in/e2utXSNg #HealthBenefits #HealthcareCosts #EmployeeBenefits #WorkplaceAffordability
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KFF answers key questions about the Medicare open enrollment period and Medicare coverage options — including about prescription drug changes under the Inflation Reduction Act. Get the facts ahead of open enrollment, which begins Oct. 15:
What to Know about the Medicare Open Enrollment Period and Medicare Coverage Options | KFF
https://www.kff.org