WASHINGTON, D.C., April 28, 2026 – The ERISA Industry Committee (ERIC) today submitted a statement for the record at a hearing held by the House Ways and Means Committee examining the role of health care systems in rising health care costs for patients and families.
Miscellaneous Archives:
ERIC’s James Gelfand Calls to End Conflicts of Interest Between Brokers, Consultants, and PBMs
WASHINGTON, D.C., April 22, 2026 – Today, James Gelfand, President and CEO of The ERISA Industry Committee (ERIC), testified before the U.S. House of Representatives Education and Workforce Committee’s Subcommittee on Health, Employment, Labor, and Pensions at a hearing titled “Profits Over Patients: The PBM Business Model Under Scrutiny.”
Employers Support Historic PBM Transparency Proposed Rule and Call for Full Claims Data Access
WASHINGTON, D.C., April 16, 2026 – The Partnership for Employer-Sponsored Coverage (P4ESC) today expressed strong support in its comment letter for the Department of Labor’s proposed rule to improve transparency into pharmacy benefit manager (PBM) compensation, calling it an important step toward lowering prescription drug costs for employers and workers.
The ERISA Industry Committee Appoints Doug Hinson to ERIC Legal Center
WASHINGTON, D.C., April 16, 2026 – The ERISA Industry Committee (ERIC) today announced the appointment of veteran employee benefits attorney Doug Hinson as Executive Director of the ERIC Legal Center.
ERIC Responds to Compensation Disclosure Rulemaking, Calls on Administration to Go Further in Strengthening Requirements
WASHINGTON, D.C., April 15, 2026 – The ERISA Industry Committee (ERIC) today submitted recommendations in response to the Department of Labor’s (Department) proposed rulemaking for providers of “pharmacy benefit management services.” In its comment letter, ERIC praised the administration’s efforts to require these vendors and service providers to disclose information about their compensation to fiduciaries of self-insured, employer-sponsored health plans.
ERIC Calls for Colorado Lawmakers to Oppose “Fair Share” Legislation
WASHINGTON, D.C., April 9, 2026 – The ERISA Industry Committee (ERIC) submitted public comments this week to Colorado lawmakers, pushing back against proposed legislation (HB26-1327) that would violate long held federal legislative and judicial precedent allowing employer benefits plans established under the Employee Retirement Income Security Act (ERISA) to design and administer uniform benefits that reflect the needs of their nationwide workforces.
ERISA Preemption Victory: ERIC Applauds Sixth Circuit Ruling Upholding ERISA Employer Plan Protections
WASHINGTON, D.C., April 8, 2026 –The U.S. Court of Appeals for the Sixth Circuit yesterday affirmed the decision of the lower court in McKee Foods Corporation v. BFP, Inc. The court agreed with McKee Foods that the Employee Retirement Income Security Act (ERISA) preempts key provisions of Tennessee’s law requiring that employers include “any willing pharmacy” in the networks maintained by the pharmacy benefit plans that employers sponsor for workers and their families, among other provisions.
ERIC On Weyerhaeuser Pension Risk Transfer Case: A “Meaningful Outcome”
WASHINGTON, D.C., April 2, 2026 – On Thursday, April 2, The ERISA Industry Committee (ERIC) applauded this week’s dismissal of Maneman v. Weyerhaeuser Company by the U.S. District Court for the Western District of Washington. The case represents a growing trend of class action litigation targeting pension plan transactions.
ERIC on Proposed Investment Rule: “A Meaningful and Important Step”
WASHINGTON, D.C., March 30, 2026 –The ERISA Industry Committee (ERIC) issued the following statement today regarding a new proposed rule from the Department of Labor (DOL) to clarify a fiduciary’s duty of prudence in selecting investment alternatives for retirement plans.
The ERISA Industry Committee Celebrates Its 50th Anniversary
WASHINGTON, D.C., March 25, 2026 – This week, The ERISA Industry Committee (ERIC) will mark its 50th anniversary during its annual spring conference in Washington, DC. While the conference will bring together large employer benefits, compensation, and legal professionals, along with federal policymakers for discussions on employee benefits, health care, and retirement policy, the event will also serve to commemorate a significant milestone in the organization’s history.