Compliance | December 31st, 2025 Lawmakers Introduce Bill to Deem PBMs Fiduciaries The proposal aims to curb prescription drug pricing, according to the bill’s sponsors.
Benefits | December 8th, 2025 Health Care Cost Control to Take Center Stage in 2026 Talent attraction and retention are no longer employers’ top strategic priorities, a new Brown & Brown study found.
Compliance | December 5th, 2025 Employee Benefits Complaint vs. Johnson & Johnson Dismissed for Second Time Lack of standing again doomed the case that had been amended twice, but the plaintiffs were granted leave to amend it again.
Compliance | November 12th, 2025 More Than 100 Organizations Urge Congress to Pass PBM Reform Before Year’s End The ERISA Industry Committee and a plethora of employers, workers, patients, providers and consumers joined in seeking changes to pharmacy...
Compliance | September 16th, 2025 ERIC Supports California Bill on Pharmacy Benefit Manager Reform The ERISA Industry Committee praised the state legislature’s efforts to amend a proposal to prevent state oversight from clashing with...
Benefits | August 6th, 2025 Weight Loss Medication Coverage, Big PBMs Drive Up Cost Concerns for Plan Sponsors In a recent study by Mercer, 77% of employers named the management of GLP-1 costs as their top health-benefit issue.
Benefits | April 21st, 2025 PLANSPONSOR Roadmap: A PBM Process Experts discussed how pharmacy benefit managers drive the cost of prescription drugs and what plan sponsors should watch for in...
Compliance | April 17th, 2025 Trump Executive Order Demands More Transparency for PBM Compensation The executive order signed on Wednesday requires the Secretary of Labor to propose regulations to improve transparency into compensation of...
Compliance | April 10th, 2025 PLANSPONSOR Roadmap: Health Plan Fiduciary Duties–Data and Documents Accessing health plan data is a plan sponsor’s ‘superpower’ and provides leverage in negotiations with pharmacy benefit managers, according to...
Products | March 27th, 2025 Product and Service Launches Financial Finesse and SecureSave announce partnership; Lincoln Financial expands solutions available in WellnessPATH Marketplace; Pharmacy benefits manager offers “Savings Guarantee,”...
Benefits | March 17th, 2025 JPMorgan Sued Over Cost of Generic Drugs in Health Plan The defendants claim the company breached its ERISA fiduciary duty by putting business interests ahead of the plan and its...
Compliance | January 16th, 2025 FTC Issues 2nd Report Exposing Practices of Pharmacy Benefit Managers The Federal Trade Commission found that the big three PBMs have marked up the price of numerous specialty generic drugs,...
Compliance | September 20th, 2024 FTC Sues Big 3 Pharmacy Benefit Managers The Federal Trade Commission filed a lawsuit against the largest PBMs, following its July report exposing the ‘opaque’ business practices...
Compliance | September 19th, 2024 ERIC Urges Congress to Deem PBMs Fiduciaries Under ERISA The ERISA Industry Committee argues that as fiduciaries, pharmacy benefit managers would be required to act participants’ best interest and...
Compliance | September 18th, 2024 Express Scripts Sues FTC for ‘Defamatory’ Report The pharmacy benefit manager is accusing the Federal Trade Commission of illegally criticizing PBMs, which it holds responsible for inflating...
Compliance | August 12th, 2024 California Legislation to Regulate PBMs Puts Self-Insured Plans at Risk, ERIC Warns A bill introduced by California state senators proposes increased regulation on pharmacy benefit managers, which have come under fire recently.
Compliance | July 31st, 2024 Wells Fargo Sued Over Mismanagement of Health Care Plan Plaintiffs accuse the bank of requiring participants and beneficiaries to pay high costs for generic prescription drugs that are ‘widely...
Compliance | July 23rd, 2024 What Increased Health Plan-Related Scrutiny Means for Plan Sponsors Employers can limit their exposure with documented, prudent processes for selecting health plan providers and pharmacy benefit managers.
Compliance | July 17th, 2024 FTC Scrutinizes Pharmacy Managers for Opaque Practices, Inflating Drug Costs An interim report alleges subsidiaries of conglomerates like Cigna, CVS and UnitedHealth pushed customers to more expensive medicine.