News

While use of GLP-1s might cut bariatric surgery costs, covering anti-obesity medications in 2023 added 4.8 percentage points to the average plan's prescription spending increase.

A team of investigators found that health plans corrected or removed just 38% of the inaccurate entries within about a year, instead of 90 days required by federal law.

The DOL has “shared information with class action law firms to give them a leg up in federal litigation,” House Committee Chair Rep. Virginia Foxx wrote to the DOL’s Inspector General.

The ERISA Industry Committee wonders what will happen if the federal rules change.

The American Benefits Council found most voters back current rules, while America's Health Insurance Plans found bipartisan support.

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.