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Employers are not making massive changes to employee benefits programs this open enrollment season but they are grappling with changed economic conditions that have affected their businesses and benefits’ spending, reports Plansponsor. There’s a hesitation to cut benefits at this point, but that is a strategy some companies have deployed historically in the midst of a recession, said Sarah Bassler Millar, partner in the employee benefits and executive compensation practice group, at Faegre Drinker Biddle & Reath.
1. FTC refunds customers for fraudulent health plans sold by Benefytt
2. Health systems consider dropping Medicare Advantage plans due to financial losses
3. UnitedHealth faces rising lawsuits following Change Healthcare cyberattack
4. MedPAC calls for 'major overhaul' of Medicare Advantage policies
5. Medicare to cover Novo Nordisk's weight-loss drug for heart patients
6. AT&T faces second lawsuit over $8 billion pension risk transfer