In a June 9 letter, the Council urged congressional leadership to include recently expired telehealth flexibility in the pending budget reconciliation 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. 

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.

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. 

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.

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.

The DOL has rescinded 2022 guidance that discouraged 401(k) plan fiduciaries from offering cryptocurrency and other digital assets as investment options.

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.

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.

The Trump administration is seeking public input on the rules governing price transparency for prescription drugs, relating specifically to the “machine-readable file” requirement.

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.

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.