AGP Executive Report
Last update: 8 hours agoBenefits Transparency: A Labor Department rule will require large self-insured health plans to obtain detailed disclosures of pharmacy benefit managers’ rebates, spread pricing and pharmacy clawbacks for plan years starting July 2027, giving employers more leverage to assess drug costs. AI at Work: California’s No Robo Bosses Act bars employers from relying solely on automated tools for discipline or termination decisions; when AI drives a decision, human review and written notice are required from July 2027. Workforce Restructuring: Microsoft is offering voluntary buyouts to as many as 60,000 eligible employees across four countries, while People Inc. plans to cut 195 jobs, mainly in print and legacy web operations. Pay and Retention: Walla Walla approved three-year police and firefighter contracts with raises of 3.75% in 2027 and 3% in each of the next two years, alongside healthcare and other benefits.
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