What Factors Will Be Influential to Employer Health Benefit Cost in 2021?

AJMC®: Based on the Business Group on Health’s 2021 Large Employers’ Health Care Strategy and Plan Design Survey, the total cost of health benefits is expected to rise 5.3% in 2021, which is slightly higher than initial projections. What contributes to this projection, and how can employers leverage this information to better enhance their health benefit design?

Kelsay: It’s been an interesting question, and that is one that we survey on every year. This year is really an interesting year for many, many reasons, but when it comes to health care costs, we really do say that they are a bit of a moving target, and it is a challenge for employers to really put their finger on exactly what they predict their cost to look like for the coming year and that’s for a number of reasons.

It is because that in this past year, largely

Read More

These Africans are among the world’s 100 most influential people, according to Time magazine

Nigerian entrepreneur and philanthropist Tony Elumelu, Gambian prosecutor-turned-politician Abubacarr Tambadou and Congolese microbiologist Jean-Jacques Muyembe Tamfum are all on Time magazine’s 100 most influential people list for 2020.

The list released Tuesday is a compilation of 100 people from different walks of life who are making an impact on business, art, sport, music and more across the world.

Final names were selected by Time editors, with recommendations from the magazine’s international staff and Time 100 alumni.

Below are the Africans who made it to the list.

Tony Elumelu

Tony Elumelu is a Nigerian multimillionaire entrepreneur and philanthropist.

In the late 90s, he led a group of small investors in taking over a struggling commercial bank in Lagos, Nigeria’s nerve center. A few years later, with his leadership, the bank became profitable and eventually merged with the United Bank of Africa (UBA) in 2005.

Elumelu is currently the chairman of UBA

Read More

These Africans are among the world’s 100 most influential people, according to Time magazine :: WRAL.com

— Nigerian entrepreneur and philanthropist Tony Elumelu, Gambian prosecutor-turned-politician Abubacarr Tambadou and Congolese microbiologist Jean-Jacques Muyembe Tamfum are all on Time magazine’s 100 most influential people list for 2020.

The list released Tuesday is a compilation of 100 people from different walks of life who are making an impact on business, art, sport, music and more across the world.

Final names were selected by Time editors, with recommendations from the magazine’s international staff and Time 100 alumni.

Below are the Africans who made it to the list.

Tony Elumelu

Tony Elumelu is a Nigerian multimillionaire entrepreneur and philanthropist.

In the late 90s, he led a group of small investors in taking over a struggling commercial bank in Lagos, Nigeria’s nerve center. A few years later, with his leadership, the bank became profitable and eventually merged with the United Bank of Africa (UBA) in 2005.

Elumelu

Read More