Key facts
- SHARx CEO Corey Durbin advises companies to address healthcare costs.
- He suggests identifying hidden waste in healthcare spending.
- Durbin recommends this before considering job cuts or benefit reductions.
As healthcare and pharmacy costs continue to rise, businesses are facing the challenge of supporting their employees while maintaining financial health. This situation often leads companies to consider drastic measures like layoffs or benefit cuts. However, SHARx CEO Corey Durbin suggests that a more effective approach involves scrutinizing internal spending to uncover inefficiencies.