Voluntary Benefits

TrumpRx is using the GoodRx card network to deliver the discounts.

A new, bipartisan House bill might reduce the need for employers to ask the IRS for extensions.

Rep. Buddy Carter listed that as a priority at a briefing on enactment of the new employer PBM transparency mandate.

Executives said that demand is still strong because overall market capacity has shrunk.

One part requires PBMs to send employer health plans detailed prescription benefits tracking information and for the plan fiduciaries to use the data to keep tabs on the benefits and on PBM compensation.

West Virginia began to license PBMs in 2020. In 2022, the state began to require insurers to pass all prescription drug rebates and other prescription drug discounts on to health insurance purchasers in 2022.