3 minute read

A decade after their initial approval, biosimilars continue to receive the U.S. Food and Drug Administration (FDA) endorsements and enter the market each year. These cost-effective...

1.5 minute read

On April 15, 2025, President Donald Trump issued an executive order (EO) to reduce prescription drug prices in the U.S. This order instructs the Department of Labor (DOL) to enhance...

3 minute read

Participants in a health benefit plan under Employee Retirement Income Security Act (ERISA) must receive a summary of the plan, called a Summary Plan Description (SPD). Many employers...

2.5 minute read

Navigating the Affordable Care Act’s (ACA) reporting process is complex, even for the most seasoned employers. Avoiding common pitfalls is essential to ensure compliance and prevent...

2 minute read

In 2025, organizations are embracing a holistic approach to employee well-being, integrating physical, mental, financial, and emotional support. This shift aims to meet evolving worker...

2 minute read

Health care and employee benefit costs are rising rapidly. Projections for 2025 indicate a 7% to 8% increase, leading to higher premiums, deductibles, and copayments for employees. Here...

1 minute read

When it comes to your employer-sponsored group health plan, public sector employers have numerous reporting and disclosure requirements that must be met throughout the year. This guide...

1 minute read

On October 17, 2024, the IRS released Notice 2024-75 (the Notice), expanding preventive care benefits under high deductible health plans (HDHPs) without or with reduced deductibles. The...

3 minute read

The Kaiser Family Foundation conducts a survey about employer-sponsored health benefits each year. Here are some of the key points of the 2024 Employer Health Benefits Survey.

3 minute read

Public sector organizations with group health plans should be aware of changes to the Affordable Care Act (ACA) requirements that take effect in 2025.