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Save Reuse Permission In what NBC News described as “another sign of the city’s gradual return to pre-pandemic norms,” New York City will lift its COVID-19 vaccine mandate for private-sector employers, effective Nov. 1 of this year.

The law, which takes effect Jan. 1, 2024, requires employers to disclose an hourly rate or salary range in job postings.

New York City and Westchester County’s pay transparency laws will take effect Nov. 1 and 6, respectively.

Figure 1 shows these relationships.

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That figure for 2026, which considers the financial impact if employers took no action to lower their costs, is in line with other industry prognostications, including: ;Business Group on Health (9%); ;Mercer (9%); WTW survey respondents identified three primary cost drivers for the year ahead: ;Pharmaceuticals , primarily specialty drugs and glucagon-like peptide-1 (GLP-1) medications;; ;High-cost claimants; and,; ;Chronic conditions, especially musculoskeletal disorders and cancers.; As a result of rising costs, claimants and conditions, 1 in 3 surveyed leaders anticipate making “significant changes” to their healthcare benefit programs within the next three years.

International Journal of Production Economics 72 (1): 1–13.

; Access bonus Workspan Daily Plus+ content on this subject: Take Steps to Understand and Address the Student Debt Problem; The matching provision has been permitted for plan years starting Jan. 1, 2024, or later.