Press Releases

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ERIC is Working to Make Prescription Drugs More Affordable

The ERISA Industry Committee (ERIC) today submitted comments to the Department of Health and Human Services (HHS) in response to its request for information related to the HHS Blueprint to Lower Drug Prices and Reduce Out-of-Pocket Costs… More

ERIC Works to Bring Clarity to Mental Health Parity Laws

ERIC today filed comments with the Departments of Health and Human Services, Labor, and Treasury on mental health parity compliance. The comments focused on the time needed for plan sponsors to prepare for and come into compliance with new requirements, more stakeholder input on the processes, definitions, and interpretations by the agencies, and flexibility by the agencies in enforcing the MHPAEA rules… More

ERIC Provides Guidance on Determination Letter Program

ERIC continues to provide guidance to the U.S. Department of the Treasury and Internal Revenue Service on the determination letter program… More

ERIC Urges Michigan Governor to Repeal Tax on Health Care Claims

In place since 2012, the one percent tax on health insurance claims (of both insured and self-insured plans) was paid by plan administrators for medical services rendered in the state to Michigan residents. ERIC had long held that the tax violated a provision of the Employee Retirement Income Security Act (ERISA), which pre-empts state and local laws that relate to employee benefit plans… More

Employer Groups Call for Suspension of Tax Assessments and Repeal of the Employer Mandate

The ERISA Industry Committee (ERIC) joined a number of employer trade associations to call upon the U.S. Department of the Treasury, the Department of Health and Human Services, and the Internal Revenue Service to end the illegal enforcement of the Affordable Care Act’s employer mandate… More

ERIC Supports Pennsylvania Telehealth Legislation

The ERISA Industry Committee (ERIC) submitted testimony to the Pennsylvania State Senate in support of Senate Bill 780 (S. 780)… More

ERIC Settles Lawsuit Against Oregon Retirement Savings Board, Secures Exemption for ERIC Members

ERIC has settled its lawsuit against the Oregon Retirement Savings Board (OSRB). ERIC sued the OSRB last October for violating the Employee Retirement Income Security Act of 1974 with the employer reporting requirement imposed by its state-run mandatory retirement plan, OregonSaves… More

ERIC Asks For Pay Parity Change in Connecticut Telehealth Legislation

ERIC has asked the Connecticut General Assembly Joint Committee on Public Health to eliminate provisions in House Bill 5299 that would artificially inflate the cost of telemedicine by imposing government requirements on reimbursement rates… More

ERIC and Broad Coalition Push Health Savings Account Reforms for Omnibus

ERIC has teamed with a diverse coalition of partners to promote a bipartisan legislative package to fix longstanding challenges with Health Savings Accounts (HSAs) and high-deductible health plans… More

Congress Must Act Now to Update HSA Policies

The ERISA Industry Committee (ERIC) strongly endorses the Bipartisan HSA Improvement Act of 2018, and calls on both the United States Senate and House of Representatives to move swiftly to enact the bill’s broadly-supported updates to Health Savings Accounts (HSAs) and the HSA Flexible Health Plans that go with them… More

ERIC Supports the Retirement Savings Lost and Found Act

ERIC supports Senator Elizabeth Warren’s (D-MA) introduction of the “Retirement Savings Lost and Found Act,” which would create a central database allowing current and soon-to-be retirees to view the location of their retirement funds. It also provides needed guidance to employers on the steps that must be taken to locate former employees who are still vested in the company’s retirement plan… More

ERIC Applauds Inclusion of CHRONIC Care Act in Continuing Resolution

The ERISA Industry Committee (ERIC) applauds the U.S. House of Representatives for including the CHRONIC Care Act in the Continuing Resolution (CR), which will expand the use of telehealth for treating and diagnosing strokes and make it easier for enrollees to pay for telehealth services… More

ERIC Victory: Congress Delays Cadillac Tax Until 2022

Today marks a victory for ERIC. Nine years ago, ERIC began its fight against the 40 percent ‘Cadillac’ excise tax on employer-sponsored health insurance, and strongly supported the 2-year delay contained in the Continuing Resolution… More

ERIC Looks Forward to Working with DOL to Combat Regulatory Burdens

As we begin 2018, The ERISA Industry Committee looks forward to working with leadership at the Department of Labor (DOL), including newly confirmed Assistant Secretary of Labor for the Employee Benefits Security Administration (EBSA), Preston Rutledge, to combat the regulatory burdens imposed on companies that sponsor employee benefit plans… More

California State Retirement Plan Has Opportunity to Protect Employer-Sponsored Plans

The ERISA Industry Committee (ERIC) today submitted comments to the California Secure Choice Retirement Investment Savings Board regarding the state’s Secure Choice Program’s reporting requirements included in the draft emergency regulations… More

It’s Official: Sufficient Support in U.S. House of Representatives to Completely Repeal Cadillac Tax

The ERISA Industry Committee (applauds Representatives Mike Kelly (R-PA) and Joe Courtney (D-CT) for reaching a critical milestone on their legislation, the “Middle Class Health Benefits Tax Repeal Act of 2017” (H.R.173). The bill, which would fully repeal the 40 percent ‘Cadillac’ excise tax on employer-sponsored health insurance, is now cosponsored by more than half of all House members, meaning that if it were brought up for a vote, it is virtually guaranteed to pass. An amendment completely repealing the Cadillac tax was passed in the Senate earlier this year… More

ERIC Calls Upon Senate HELP Committee to Approve Preston Rutledge as Assistant Secretary of EBSA

The ERISA Industry Committee urges the Senate Health, Education, Labor, and Pensions (HELP) Committee to move swiftly to advance the nomination of Preston Rutledge to be the Assistant Secretary of Labor for the Employee Benefits Security Administration (EBSA) at the Department of Labor… More

Senate GOP Tax Reform Plan Protects Retirement Savings

The ERISA Industry Committee (ERIC) is pleased that the Republican’s Senate tax reform plan protects the pre-tax contribution limit employees can contribute to their 401(k) plans and we will continue to advocate against any decrease in the incentive to save for retirement on a pre-tax basis… More

ERIC Calls Upon U.S. Senate to Swiftly Confirm Nominations of Janet Dhillon and Daniel Gade to EEOC

The ERISA Industry Committee supports President Trump’s nomination of Janet Dhillon to chair of the Equal Employment Opportunity Commission (EEOC) and Daniel Gade to serve as a commissioner on the EEOC. The EEOC has critical work to do for America’s workers and employers, including moving forward with rules on employee wellness programs, and that work is currently in limbo because of vacancies and expired terms on the Commission… More

ERIC Files Amicus Brief with the U.S. Supreme Court in Critical Retiree Health Case

The ERISA Industry Committee (ERIC) has filed an amicus brief with the U.S. Supreme Court in CNH Industrial v. Reese asking the court to reverse the U.S. Court of Appeals for the Sixth Circuit’s decision that required life-time vesting of retiree health benefits under a collective bargaining agreement that did not stipulate the duration of the benefit… More

GOP Tax Reform Plan Leaves Retirement Savings Intact

The ERISA Industry Committee (ERIC) is pleased the Republican’s House tax reform plan does not decrease the pre-tax contribution limit for retirement plans that an individual may contribute on an annual basis… More

Employer Groups File Amicus Brief in Meiners v. Wells Fargo & Company

The ERISA Industry Committee (ERIC) and the American Benefits Council (ABC), have filed an amicus brief with the U.S. Court of Appeals for the Eighth Circuit in Meiners v. Wells Fargo & Company, et al in support of the District Court’s ruling that dismissed the allegations against Wells Fargo & Company… More

Texas Medical Board Moves Forward with Implementing Telemedicine

The ERISA Industry Committee (ERIC) today submitted comments to the Texas Medical Board praising it for taking steps to quickly implement the new telemedicine law in the state, including the incorporation of mental health services… More

ERIC Comments on DOL’s Disability Claims Rule Delay

The ERISA Industry Committee (ERIC) is pleased the Department of Labor (DOL) is proposing a 90-day delay of the costly and burdensome midnight regulation on disability benefit claims review… More

The ERISA Industry Committee Files Lawsuit Against Oregon

ERIC has filed a complaint in the United States District Court for the District of Oregon against the Oregon Retirement Savings Board for obstructing federal law. In the complaint, ERIC is requesting an injunction against only the reporting requirement OregonSaves imposes on employers that already provide a retirement plan… More

2010 2011 2013 2014 2015 2016 2017 2018