While Congress moves closer to pharmacy benefit manager reform with new legislation pending, "achieving large reductions in prescription drug costs” will require a different approach, says the Brookings Institution.
With SECURE 2.0 signed into law, featuring new auto-enrollment requirements, retirement advisors can help prepare payroll systems for the new regulations, otherwise employers will face the possibility of fines.
The benefits world has made enormous strides in this area in recent years, fueled by the efforts and intention of industry professionals and organizations.
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