Faculty members and administrators should not assume that their colleges will pick up their medical bills during their retirement. Medicare benefits are not guaranteed that they will remain the same. Experts believe that the Medicare trust fund that pays for retiree hospital care will go bankrupt by 2019. As such, insurance experts are now urging…

Student health insurance experiences the same inflationary trends as employee benefits, but is rarely viewed as a significant direct cost to an institution, nor is the bill as high as the costs associated with employee health plans. Several long-term solutions and strategies that could help colleges to contain the ever-escalating cost of providing…

Around the world, the fight for affordable medical treatment is intensifying. Headline-grabbing battles are being waged in India, where the Chennai High Court recently decided a major constitutional case over access to lifesaving cancer medication. In Thailand, Abbott Laboratories, a multinational pharmaceutical giant, has withdrawn registration…

A group of seven private colleges in Oregon, frustrated with the erratic pricing of health care in the state, decided to band together, drop their health-plan providers, and create a consortium to self-insure their employees. The Oregon Independent Colleges Employee Benefits Trust came into existence on May 1, 2003 and offers a collective…