Preparing Taft-Hartleys for the 21st century: health care leads list of challenges for plan administrators.
Rising health care costs are a major challenge facing administrators of Taft-Hartley health and welfare plans. Managing costs while continuing to provide coverage that meets members' expectations and needs will require a delicate balancing act. Among areas that require close scrutiny are legislative activity, retiree medical benefits, prescription drugs, funding and cost-control methods.
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Group Insurance Division, Pacific Life and Annuity Company, Newport Beach, California, USA.
D003363:Cost Control; D011307:Drug Prescriptions / Q000191:economics; D017048:Health Care Costs / Q000639:trends; D007348:Insurance, Health / Q000191:economics / Q000331:legislation & jurisprudence* / Q000639:trends; D012179:Retirement / Q000639:trends