BenefitsPRO: Employee Benefits News, Trends & Sales Tips

With DOL's new fiduciary rule on hold, what are plan sponsors' compliance considerations?

By Lynn Cavanaugh

In July, a judge put the Department of Labor's new Retirement Security Rule, which was set to go into effect September 23, on hold, where it seems likely to remain until after the presidential election.

Read Story

Update

SECURE 2.0 Act impact: 8 mandatory changes for 401(k) plans in 2024

Update

Low-income patients struggle to afford high-priced GLP-1 diabetes drugs

Recommended Just For You

Update Stories

May 13, 2024

DOL's new fiduciary rule: Already under fire from life insurance & annuity industry groups

The Retirement Security Rule, finalized on April 23, is polarizing and is sure to face significant legal challenges (one lawsuit has already been filed), because the rule applies a new, heightened fiduciary duty to the insurance industry.

Read

May 07, 2024

Retirement security rule: DOL defines the new role (and limitations) of a fiduciary

According to the DOL, the new fiduciary rule levels the playing field for insurance agents, brokers, financial planners and registered investment advisors to adhere to a best interest standard when providing investment advice.

Read

April 22, 2024

Medical providers still struggling to get paid since Change Healthcare cyberattack

The tech firm has been a critical conduit for shuttling information between most of the nation's insurance companies and providers, but since the hack, some insurers must send forms in the mail, delaying payment substantially.

Read

April 15, 2024

Were patients really paying '400 bucks a month' for insulin before the $35 price cap?

In a recent speech, President Biden overstated the average monthly cost that patients were paying prior to the Inflation Reduction Act: The out-of-pocket cost for insulin was $58 for a 30-day supply, says a HHS report.

Read

April 11, 2024

The physician shortage is a 'public health crisis,' says the AMA

More patients are losing their doctors — and trust in the primary care system, according to American Medical Association's president, Jesse Ehrenfeld.

Read

March 28, 2024

Biden said Medicare drug price negotiations 'cut the deficit by $160B,' but it's years away

The savings are not yet realized, says the Congressional Budget Office, which projects a 10-year cumulative savings of $161 billion from the phased-in drug negotiation, as well as a rebate for price increases above the inflation rate.

Read

March 25, 2024

Employers, employees facing complications, after drug 'copay accumulator' ruling

The HHS rule, which mandates that health insurers not count copay assistance toward out-of-pocket costs, was struck down last fall, however, it is backfiring on patients with chronic diseases that need expensive drugs.

Read

‹ ‹ PREV 1 2 3 ... 16 › NEXT ›

Update

Top Update Stories

With DOL's new fiduciary rule on hold, what are plan sponsors' compliance considerations?

SECURE 2.0 Act impact: 8 mandatory changes for 401(k) plans in 2024

Low-income patients struggle to afford high-priced GLP-1 diabetes drugs

Recommended Just For You

Update Stories

DOL's new fiduciary rule: Already under fire from life insurance & annuity industry groups

Retirement security rule: DOL defines the new role (and limitations) of a fiduciary

Medical providers still struggling to get paid since Change Healthcare cyberattack

Were patients really paying '400 bucks a month' for insulin before the $35 price cap?

The physician shortage is a 'public health crisis,' says the AMA

Biden said Medicare drug price negotiations 'cut the deficit by $160B,' but it's years away

Employers, employees facing complications, after drug 'copay accumulator' ruling