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A free monthly newsletter for plan sponsors and employee benefits 
professionals published by The Benefit Services Group, Inc.

 

April 2004
Volume 3, Number 4
 

 

Enrollment in Consumer-Directed Health Plans Growing Rapidly
EXCERPT: "The survey results indicate that enrollment in consumer-directed health plans will grow to 478,000 in 2004, up from 169,000 in 2003. Nearly one-third (32 percent) of large companies expect to offer a consumer-directed health plan to workers next year, compared to 21 percent that currently offer such a plan. However, few employers offer them as the only option to their employees. A total of 159 large companies and 9 primary health plans providing consumer-directed health plans participated in the survey."
Full Article
March 11, 2004—Watson Wyatt Worldwide

Why Health Savings Accounts May Flop
EXCERPT: "In fact, fewer than 0.5% of the 125 million to 150 million Americans covered by health insurance at work can participate. Why? They don't have the high-deductible plans required as a condition for contributing. For a single person, the deductible must be $1,000 or higher; it's $2,000 or more for a family."
Full Article
March 15, 2004—BusinessWeek Online

Engaging Workers in Health Benefit Decisions Appears to Yield Significant Cost Savings 
EXCERPT: "Employers with lower health care cost increases for 2004 more often encourage workers to take responsibility for their health care decisions, according to the 9th annual National Business Group on Health/Watson Wyatt health cost study. These companies expect a median 7 percent increase in health care costs this year. Conversely, companies experiencing high cost increases do less to engage workers in making cost-effective health care decisions and expect a median cost increase of 17 percent."
Full Article
March 18, 2004—Watson Wyatt Worldwide

UnumProvident Report Shows Tenfold Increase in Obesity-related Disability Claims
EXCERPT: "The number of obesity-related disability claims are on the rise, according to a recent report by UnumProvident Corporation (NYSE: UNM), the nation’s largest provider of disability income protection insurance. Further, individuals filing claims related to obesity have significantly higher medical costs, averaging more than $51,000 per claimant per year...Direct healthcare costs attributable to obesity are now estimated to be $70 billion, roughly seven percent of total U.S. healthcare costs. Employers lose more than $12 billion per year due to the consequences of obesity including increased healthcare utilization, lower productivity, increased absenteeism and elevated health and disability premiums."
Full Article
February 17, 2004—UnumProvident 

FDA Public Health Advisory
March 22, 2004

Worsening Depression and Suicidality in Patients Being Treated With Antidepressant Medications

Today the Food and Drug Administration (FDA) asked manufacturers of the following antidepressant drugs to 
include in their labeling a warning statement that recommends close observation of adult and pediatric 
patients treated with these agents for worsening depression or the emergence of suicidality. The drugs that 
are the focus of this new Warning are: Prozac (fluoxetine); Zoloft (sertraline); Paxil (paroxetine); Luvox 
(fluvoxamine); Celexa (citalopram); Lexapro (escitalopram); Wellbutrin (bupropion); Effexor (venlafaxine); 
Serzone (nefazodone); and Remeron (mirtazapine).

Health care providers should carefully monitor patients receiving antidepressants  especially at the beginning of therapy or when the dose either increases or decreases. Although FDA has not concluded that these drugs cause worsening depression or suicidality, health care providers should be aware that worsening of symptoms could be due to the underlying disease or might be a result of drug therapy.

Full Article  

 

 

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