A recent wave of cases has attempted to apply the theory of liability for retirement plan excessive fee cases to health plans – specifically, arrangements with pharmacy benefit managers.
Though the cases thus far have...more
4/11/2025
/ Benefit Plan Sponsors ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Liability Issues ,
Excessive Fees ,
Fiduciary Duty ,
Health Insurance ,
Health Plan Sponsors ,
Pharmacy Benefit Manager (PBM) ,
Prescription Drugs ,
Retirement Plan ,
Standing
Though the employer shared responsibility provisions of the Patient Protection and Affordable Care Act (PPACA) do not apply to small employers (generally, employers with fewer than 50 full-time equivalent employees), many...more
The IRS recently issued Notice 2023-37 (Notice) relating to pre-deductible coverage of COVID-19 testing and treatment under high-deductible health plans (HDHPs). Specifically, the Notice establishes a 2024 expiration date for...more
7/10/2023
/ Benefit Plan Sponsors ,
Coronavirus/COVID-19 ,
Deductibles ,
Employee Retirement Income Security Act (ERISA) ,
HDHPs ,
Health Insurance ,
Health Savings Accounts ,
Internal Revenue Code (IRC) ,
IRS ,
Safe Harbors ,
Virus Testing