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Employee Benefit News for School, City and County Employers

Executive Order to Lower Drug Prices by Adopting Global Pricing

1 minute read

On May 12, 2025, President Trump issued an executive order (EO) to align U.S. prescription drug prices with those of similar nations. A White House fact sheet highlights that Americans...

2026 HSA and HDHP Limits

1 minute read

On May 1, 2025, the IRS announced the 2026 inflation-adjusted limits for health savings accounts (HSAs) and high deductible plans (HDHPs). The IRS must publish these limits by June 1st...

Exploring the Future of Biosimilars: Market Insights

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...

RxDC Reports Must Be Submitted by June 1, 2025

1.5 minute read

Group health plans and insurers must submit the annual RxDC report on prescription drug and healthcare spending to the federal government by June 1st of each year. The upcoming...

Categories

Executive Order Aims to Repeal Disparate Impact Liability

1.5 minute read

On April 23, 2025, President Donald Trump issued an executive order (EO) to repeal disparate impact liability under Title VII of the Civil Rights Act and other federal...

Executive Action Aims to Slash Drug Prices and Enhance PBM Clarity

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...

Safeguarding Employee Health Data: Best Practices for the Workplace

2 minute read

Employers collect employees' medical information for various reasons, such as verifying accommodation requests or certifying leave. Federal laws like the Americans with Disabilities Act...

Model CHIP Notice Updated

1 minute read

The U.S. Department of Labor's Employee Benefits Security Administration (EBSA) has issued a new model Employer CHIP Notice as of March 17, 2025.

CMS Finalizes New Simplified Method for 2026 Coverage Credibility

1.5 minute read

On April 7, 2025, the Centers for Medicare and Medicaid Services (CMS) released the Final Part D Redesign Program Instructions for 2026, detailing changes from the Inflation Reduction...

Common Misunderstandings About Summary Plan Descriptions

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...