Hold Your Shape
340B drug sales reach $100 billion, CVS's CEO says GLP-1 coverage economics aren't justified yet, and two appeals courts rule on ERISA cases.
The World Cup is on and half the planet is watching — but my weekend belonged to a smaller bracket: my daughter Mac's softball tournament, where I spent most of the day chasing my toddler Beckett around the bleachers between innings.
Two tournaments, one exhausted dad — and honestly the better lens on this week's benefits news.
Every side looks like a favorite until the group stage humbles it, and health costs just put 79% of small and midsize employers into extra time with double-digit increases.
CVS's CEO says the GLP-1 math still “isn't there yet,” while two-thirds of workers say they'd take better benefits over a bigger paycheck.
Defense wins tournaments — and so does playing smarter, not leaner. Here are the stories that caught my eye.
Mind
2 ¶STAT News — Medicaid and SNAP cuts are exacerbating the intertwined problems of hunger and mental illness, with food insecurity leading to increased hospital visits, including for psychiatric emergencies.
A 2023 systematic review found high rates of food insecurity among adults with schizophrenia, bipolar disorder, and major depression.
The cuts, including $863 billion from Medicaid over 10 years, will disproportionately damage access to behavioral health services, particularly for Medicaid enrollees who are more likely to have behavioral health disorders.
Employee Wellness — Many modern workplaces are designed in a way that conflicts with how the human brain functions, leading to decreased productivity and increased burnout.
Open-plan offices, multitasking, and rigid eight-hour workdays can all negatively impact employees' ability to focus and work efficiently.
Research suggests that taking micro-breaks, working in uninterrupted blocks of time, and setting boundaries around work hours can help improve focus and reduce burnout.
Body
2 ¶Employee Benefit Trends — A survey by Wondr Health and Harris Poll found that 68% of Americans believe menopause should be acknowledged in the workplace — including 67% of employed men and 70% of employed women who agree women shouldn't have to push through perimenopause and menopause symptoms.
Menopause is estimated to cost $1.8 billion a year in lost work time, and $26.6 billion once medical expenses are added.
Employers can respond with a whole-person approach: education, leadership visibility, and ongoing communication.
STAT News — Mwyngil Therapeutics, a new biotech startup, is developing obesity treatments that do not target the GLP-1 receptor, a common approach in the field.
The company's CEO, Luba Greenwood, was drawn to the company's unique approach, which she finds more interesting than the prevalent GLP-1-based treatments.
Mwyngil's approach may lead to innovative solutions in the multibillion-dollar weight loss market.
- STAT+: A new biotech startup tries to tackle obesity, but not in the way you might expectSTAT News
- Women — and men — want menopause acknowledged at workEmployee Benefit News
- Virtual care, ER visits projected to rise as health care delivery splintersBenefitsPRO
- Lark Health, Samsung team up on AI-powered health coach for U.S. seniorsFierce Healthcare
Money
2 ¶STAT News — Sales from the 340B Drug Discount Program rose to $100 billion in 2025, a 22.8% increase from the previous year, with expensive medicines accounting for nearly 62% of spending.
The program requires drugmakers to offer discounts of 25% to 50% off outpatient drugs to hospitals and clinics serving lower-income patients.
Spending on specific treatments, such as Merck's Keytruda and Gilead's Biktarvy, totaled $8.9 billion and $4.47 billion, respectively.
Employee Benefit Trends — The Tax Cuts and Jobs Act's expiration and subsequent permanent extension of tax brackets through the One Big Beautiful Bill Act have created a favorable environment for Roth conversions.
With historically low tax rates expected to increase in the future due to the national debt, employees may consider converting pre-tax assets to Roth IRAs. This strategy allows employees to pay taxes now and potentially avoid higher tax rates in retirement.
- STAT+: Sales from controversial U.S. drug discount program rose to $100 billion last yearSTAT News
- From Gen Z to Boomers: tailoring vision benefits for every life stageBenefitsPRO
- Roth Conversion Strategy in the New Tax Erastwserve.com
- Rising benefits costs are forcing HR to get smarter, not leanerHRD America
Workforce
2 ¶Employee Benefit Trends — The challenges working parents face during the summer months and potential solutions for employers to support them. It highlights the importance of creating a cultural movement that prioritizes working parents' needs.
Employers can play a key role in helping working parents balance their responsibilities.
HR Executive — CVS Health CEO David Joyner stated that the economics of covering GLP-1 agonist weight-loss drugs, such as Wegovy and Mounjaro, are not yet justified due to high costs.
Joyner estimated that providing these drugs to every obese US resident at 2024 prices would cost $1.2 trillion. He emphasized the need for further research on the long-term impact of these drugs to determine their cost-effectiveness for employer-sponsored health plans.
Nebraska & Incentives
2 ¶Employee Benefit Trends — The Eighth Circuit affirmed the dismissal of a challenge to Wells Fargo's use of forfeitures to satisfy its employer contributions, and the Fourth Circuit held that an incentive compensation program was exempt from ERISA as a bonus payment plan.
Around 100 lawsuits have been filed in recent years raising similar challenges to how plans allocate forfeited employer contributions.
The District of New Jersey court granted a motion to dismiss in a case alleging breaches of ERISA fiduciary duties and prohibited transactions regarding a 401(k) plan's investment options and recordkeeping fees.
Nebraska Legislature — Nebraska and Minnesota have implemented robust authorities to oversee hospital transactions, allowing state-level agencies to review and approve certain health care transactions, with the goal of monitoring health care markets and determining the impact of consolidation on costs, patient access, and quality.
As of October 2025, 41 states and DC have some explicit authority to oversee hospital transactions, with nine states having notification, review, approval, and post-transaction oversight authority.
Nebraska's authority has been in place since 1996, while Minnesota recently extended its nonprofit oversight authority to health care entities and passed a broader transaction oversight law in 2023.
- Medical Marijuana, Psychedelics and Employee Benefits : What Employers and Plan ...blog.ifebp.org
- Nebraska joins 48 states in settlement with drugmaker over price manipulationWOWT
- ERISA Litigation Update - Q2 2026 - Employee Benefits & CompensationUnited States
- State Spotlight: Nebraska and Minnesota as Models for Health Care Transaction Oversightchir.georgetown.edu
The Bottom Line
As I watched my daughter Mac play softball, I realized that making sense of benefits news is a lot like chasing a toddler up and down the bleachers - it's chaotic, but with the right approach, you can stay on top of it. By prioritizing employee wellbeing, reviewing your health plans, and staying informed about policy changes, you can navigate the complex world of benefits and come out on top - and don't forget to check out Superpower (superpower.com) for a potential solution to support your employees' wellbeing.
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