We will be reviewing a real-world situation impacting the State of Delaware's self funded insurance plan and their health plan members. Costs are rising due to some extent by Ozempic and as expected premium cost increases are under consideration.

The article may be accessed at: https://www.delawarepublic.org/politics-government/2024-07-22/delaware-paid-over-12-million-more-on-weight-loss-drugs-than-expected-trend-increases-to-follow

The body in charge of state employee health insurance plans prepares to vote on new trend increases after ending the year in a $10 million deficit.

Please connect with me at: rkm2103@cumc.columbia.edu

follow me on X: @KentMcKinney

LinkedIn: www.linkedin.com/in/mckinneykent

As downward cost pressures continue to stress and overburdened healthcare delivery system, health insurance plans continue to increase cost sharing to health plan members. These cost sharing increases are placing insurance out of reach for many Americans. We will examine alternatives to "cost minimization" by insurers and evaluate quality and value-based approaches that lower costs and improve patient health outcomes.

Please connect with me at: rkm2103@cumc.columbia.edu

follow me on X: @KentMcKinney

LinkedIn: www.linkedin.com/in/mckinneykent