Health insurer Cigna announced that it would purchase Express Scripts, a pharmacy benefits manager (PBM), for $67 billion in cash and stock, including $15 billion assumed for Express Scripts’ debt.
This announcement is the latest in a trend of merging health care companies and follows the December 2017 announcement of the Aetna -CVS Health merger.
The IRS has announced changes to certain tax limits for 2018, including a reduced family contribution limit for health savings accounts (HSAs).
The new tax law enacted late last year—the Tax Cuts and Jobs Act—changed the consumer price index for making annual adjustments to the HSA limits. Based on this new index, the IRS lowered …
The EEO-1 Online Filing System is now open for employers to submit 2017 EEO-1 Reports, the Equal Employment Opportunity Commission (EEOC) announced on Jan. 24, 2018.
Employers with 100 or more employees and certain federal contractors must use the online system to report 2017 employment data. EEO-1 Reports are due by March 31, 2018.