Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Employee Benefits

Weight-loss drugs drives health insurance fund $15M deficit

November 28, 2023 Reprints

Delaware faces a $15 million deficit in its state employee health insurance fund this fiscal year due to higher-than-expected spending, reports Delaware Public Media. A key driver is unanticipated costs for newly covered weight loss medications, with over $7 million spent versus the $2 million projected.

1. Medical stop-loss premiums for self-funded plans rise by 11.5%
2. BlueCross BlueShield of Vermont proposes massive premium hike
3. Simple Health CEO sentenced to 25 years for fraudulent health plans
4. Gen X faces retirement anxiety, calls for better financial planning
5. Concentra Group targets $585 million in IPO
6. UnitedHealth cyberattack to cost up to $2.45 billion

Help

Weight-loss drugs drives health insurance fund $15M deficit

Readers Poll

Most Read in Employee Benefits

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources