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Should collective investment trusts be allowed in 403(b)s? The saga continues

By Lynn Cavanaugh

There’s a push by Congress to pass a bill to allow CITs – tax-exempt, pooled investment vehicles similar to mutual funds – in 403(b) plans, but investor advocacy groups oppose the bill. But now, the American Retirement Association is strongly advocating for its passage.

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Rising prices, pharmacy closures raise concerns about access to medication

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Can U.S. employers close the parental leave gap?

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November 21, 2024

Rhode Island, partnering with Connecticut, to launch auto-IRA program in 2025

In partnership with Connecticut’s state program that launched in 2022, Rhode Island’s new RISavers Program will be required for businesses to enact that do not have a 401(k).

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November 21, 2024

CVS, Cigna, and UnitedHealth sue FTC, claiming PBM probe violates constitutional rights

CVS, Cigna and UnitedHealth are firing back at the FTC in the wake of an administrative complaint the agency filed in September accusing their PBMs of artificially inflating insulin prices through a process it likened to "bribes."

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November 21, 2024

Survey: Most American workers satisfied with employer-provided health coverage

The survey results suggest that employers should provide comprehensive offerings for increasingly diverse workforce health needs.

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November 21, 2024

Sen. Rand Paul’s new bill would allow ‘super’ association health plans

Supporters say it can help the members free themselves from state requirements that drive up the costs, while opponents argue that the arrangements will weaken the fully insured market, by luring away the healthiest individuals and groups.

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November 21, 2024

NY state reins in PBMs: All in-network pharmacies can provide home delivery too

The requirement is part of the state's new pharmacy benefit manager market conduct standards, aimed at enhancing transparency and boosting competition.

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