benefits blog

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March 19, 2026

Council Outlines Health Care Affordability Agenda in Statement to House Subcommittee

The Council highlighted a lack of transparency and competition in the health care system and misaligned incentives that drive higher-cost care.

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March 19, 2026

Council calls on Congress to lower health care costs through greater transparency, competition

Examining and addressing the factors fueling higher hospital costs is essential to lowering health care costs for all Americans.

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March 19, 2026

Sixth Circuit Reverses Lower Court Dismissal of Pension Plan Actuarial Assumptions Case

The Council continues to focus its retirement policy advocacy on the scourge of runaway class-action ERISA litigation against plan fiduciaries.

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March 18, 2026

Federal Courts Strike Down 2024 Fiduciary Rule on Investment Advice; DOL Reinstates Five-Part Fiduciary Test

In two separate decisions, federal district courts in Texas vacated the DOL’s 2024 fiduciary definition for investment advice and related amendments to PTE 84-24.

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March 18, 2026

Council Raises Concerns with Tennessee PBM Bill Affecting Employer Plans

The American Benefits Council submitted a written statement to Tennessee lawmakers regarding Tennessee Senate Bill (S.B.) 2040, the “Freedom, Access, and Integrity in Registered Pharmacy (FAIR Rx) Act,” expressing strong concerns with the legislation as currently drafted.

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March 18, 2026

Council Refutes DOL IG Recommendation to Repeal Limited-Scope Plan Audits

The Council is meeting with policymakers to explain why repealing the limited-scope audit provision would harm the retirement system and plan participants.

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March 13, 2026

Just a Minute! on Child Savings Accounts ("Trump Accounts")

Council President Katy Johnson notes the first batch of guidance released by the administration and explains how the Council is working to ensure that these accounts are user-friendly for employers and employees.

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March 10, 2026

Summary Chart Now Available for Members: Comparing PBM Disclosure Requirements under Proposed Regulations, CAA 2026; Webinar Recording Available

The proposed regulations would require PBMs and other providers of PBM services to disclose information about their compensation to self-insured group health plans.

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March 10, 2026

Treasury, IRS Issue First Proposed Regulations on Trump Accounts; Summary Available to Members

On March 6, the U.S. Treasury Department and Internal Revenue Service (IRS) released the first set of proposed regulations implementing child savings accounts (CSAs, or “Trump Accounts”).

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March 10, 2026

Plaintiffs' Bar Pursuing Troubling New Strategy in Retirement Fund Underperformance Suit

A new ERISA lawsuit accuses the plan fiduciary of ignoring "climate-related risks."

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March 10, 2026

Council Requests Additional Clarity on HSA Guidance Under OBBBA, Including Telehealth, DPCSAs

In comments submitted to Treasury and the IRS, the American Benefits Council responded to Notice 2026-5, which provides initial guidance on provisions of the One, Big, Beautiful Bill Act expanding the availability and flexibility of HSAs.

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March 6, 2026

Just a Minute! on the Council's March 2026 Policy Board of Directors Meeting

Council President Katy Johnson describes the role of the Council's Policy Board and some of the most noteworthy sessions from its most recent meeting.

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