ERIC supports the DOL’s codification of the principle requiring plan fiduciaries to focus on the financial best interest of participants.
Miscellaneous Archives:
Senate COVID-19 Legislation a Good Start, Key Provisions Must Be Added Before Bill Becomes Law
ERIC is pleased to see the legislative process progressing and looks forward to working with both the Senate and the House to advance measures that support the ability of employers to provide needed benefits to workers and families.
California Lawmakers Have the Chance to Get Paid Leave Right in the Wake of COVID-19
ERIC is calling on California lawmakers to be strategic as they consider two paid leave bills in the wake of COVID-19. New legislation should not create redundancy or additional burdens for employers who already offer generous paid leave policies.
Employers Support Transparency in Health Care Costs
ERIC joined with other employer groups to thank Senator Braun for introducing the Health Care PRICE Transparency Act (S. 4106). The act would codify requirements on insurers and hospitals to make public the real prices for health care.
ERIC Asks IRS for Guidance on SECURE Act
ERIC is asking the IRS for guidance on three provisions of the SECURE Act. Specifically, ERIC is asking for guidance on the required minimum distribution rules, withdrawals in case of birth or adoption, and nondiscrimination testing relief for closed plans.
Infection Rate Transparency is Vital to Public Health
ERIC joined more than 160 individuals and companies in calling on Congressional leaders to require every health care facility in America to report rates of health care-acquired infections publicly through the CDC.
COVID-19 Resources For ERIC Members
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Employer Groups Call on Congress to End Surprise Billing Once and For All
ERIC joined with other employer groups urging lawmakers to include comprehensive protections against surprise medical bills in the next COVID-19 relief package.
ERIC Asks Court to Confirm DOL COBRA Regulations
ERIC has filed an amicus brief with the United States District Court for the Southern District of Florida in Bryant v. Walmart Stores, Inc. asking the Court to rule in favor of Walmart and not create new and unnecessary burdens related to COBRA plan communications.
ERIC Applauds Agencies for Taking Action to Expand COVID-19 Guidance for Employers and Employees
ERIC applauds the Departments of Treasury, Health and Human Services, and Labor for issuing the guidance ERIC requested clarifying that during the COVID-19 pandemic employers can extend a telehealth-only plan to employees or their dependents who are not eligible to participate in the employer’s health plans.