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Any new PBM reports going to employer plan sponsors should use standardized terms, a benefits firm says.

Caroline Pearson, the executive director of the Peterson Center on Healthcare, told federal regulators that, if they want employer plans to do a better job of posting complete sets of detailed data in a standard, well-structured format, they should push providers to send employers better data.

The fine is based on the Pennsylvania Insurance Department's examination of Aetna from October 2021 through December 2022.

Under current law, retiring federal employees need written consent from their spouse or ex-spouse to change distributions.

The company denies wrongdoing in resolving claims over recordkeeping fees and forfeitures.

She held several top positions during her 24-year tenure, including CEO of Optum and, most recently, executive vice president of governance, compliance and information security for UnitedHealth.