Pioneers in 5 Star Service • Ronstadt Insurance • Tucson, AZ • 520-721-4848

Archive for Items Categorized 'Uncategorized'

💊 U.S. Prescription Drug Spending Hits $806B in 2024

+10.2% Increase Driven by Weight Loss Meds

Prescription drug spending in the U.S. jumped 10.2% in 2024, reaching $806 billion, according to the ASHP. The surge is fueled by skyrocketing demand for GLP-1 drugs (like Ozempic & Wegovy), now the #1 drug category and fastest-growing segment.

“GLP-1s are changing metabolic care—but they expose supply chain risks.”
— Eric Tichy, PharmD, ASHP

(more…)

💡 5 Common Myths and Facts About Health Savings Accounts (HSAs)

Health Savings Accounts (HSAs) have been around since 2003, but many people still aren’t making the most of them—largely due to lingering myths.

If you’re enrolled in a high-deductible health plan (HDHP), an HSA could be one of the most tax-efficient tools in your benefits toolbox—helping you cover today’s expenses and save for the future.

Here are 5 important HSA facts:
1️⃣ Triple tax advantages – Contributions are tax-free, growth is tax-free, and qualified withdrawals are tax-free.
2️⃣ Funds roll over – No “use-it-or-lose-it” rules like FSAs.
3️⃣ You own the account – It’s portable and stays with you, even if you change jobs.
4️⃣ Investment potential – Many HSAs let you invest once you hit a minimum balance.
5️⃣ Covers family expenses – Even if your HDHP doesn’t cover them directly.

(more…)