June 10, 2025
In a June 9 letter, the Council urged congressional leadership to include recently expired telehealth flexibility in the pending budget reconciliation bill.
June 9, 2025
Council Urges Inclusion of HSA Telehealth Flexibility in Budget Bill
The Council is urging Congress to restore pre-deductible coverage of telehealth services in HSA-eligible health plans as part of the pending budget reconciliation bill.
June 6, 2025
Daniel Aronowitz, nominated to lead EBSA, testified before the Senate HELP Committee on June 5 in advance of a vote on his confirmation to the post.
June 4, 2025
Government Files Brief with Supreme Court Supporting ERISA Preemption
In a filing with the U.S. Supreme Court, the federal government asked the high court to deny any further review of Pharmaceutical Care Management Association (PCMA) v. Mulready, as had been recommended by the American Benefits Council.
June 4, 2025
Council Urges Treasury, IRS to Provide Guidance on Repurposing Welfare Benefit Fund Assets
The Council is asking Treasury and the IRS to issue guidance clarifying that employers can repurpose surplus welfare benefit fund assets without triggering a 100% excise tax under Internal Revenue Code Section 4976.
May 30, 2025
Just a Minute! on the Council's Global Benefits Committee and IBIS Academy
In the latest episode, Lynn Dudley describes the value of participation in the Council’s global benefits committee and how the its work is informed by IBIS’ educational sessions.
May 29, 2025
DOL Rescinds Cryptocurrency Guidance as Recommended by Council
The DOL has rescinded 2022 guidance that discouraged 401(k) plan fiduciaries from offering cryptocurrency and other digital assets as investment options.
May 29, 2025
National Paid Leave Atlas Updated with New Resources on State Paid Family Leave Laws
The Council’s interactive website tool for obtaining information on state and municipal paid family leave laws has been updated with changes to eight jurisdictions.
May 28, 2025
Ninth Circuit Upholds Dismissal of Fiduciary Suit Over Use of Alternatives in Intel Plan
In a notable class-action lawsuit against a retirement plan, the Ninth Circuit affirmed that fiduciaries may include alternative assets in defined contribution plans when backed by a prudent, well-documented process.
May 27, 2025
The Trump administration is seeking public input on the rules governing price transparency for prescription drugs, relating specifically to the “machine-readable file” requirement.
May 27, 2025
A recent U.S. district court decision calls into question the IRS’ authority to assess excise taxes as penalties against employers that violate the ACA's employer mandate.
May 27, 2025
New Council Analysis Offers Further Support for Lowering PBGC Premiums
The Council continues its defense of the defined benefit pension system with a proposal to suspend PBGC premiums, strengthened by an analysis of a similar move in the U.K.