The American Rescue Plan heads to the President’s Desk for Signature and the DOL issues enforcement guidance on ESG and Proxy Rules.
Miscellaneous Archives:
Large Employers Oppose Maryland’s HB 581 Health Spending Mandate
Today, ERIC pressed Maryland’s House Appropriations Committee to withdraw HB 581 from consideration. HB 581 is an attempt to enforce certain coverage and reimbursement requirements on ERISA-governed employee benefit plans with beneficiaries in Maryland, which we believe may be preempted by ERISA.
Congress Must Act Now to Allow Employers to Expand Telehealth Offerings
ERIC provided testimony to the U.S. House of Representatives Committee on Energy and Commerce, Subcommittee on Health for today’s hearing titled “The Future of Telehealth: How COVID-19 is Changing the Delivery of Virtual Care.”
Survey of Large Employers Shows that Growing Patchwork of State and Local Paid Leave Laws Can No Longer be Ignored
President Biden’s proposed paid leave plan ignores a critical issue. A survey of large, multistate employers by ERIC found that the ever-expanding patchwork of state and local mandates is threatening employer paid leave programs and must be addressed now.
ERIC to Work Closely with President Biden & Congress to Enhance Employee Benefits
ERIC welcomes the opportunity to work closely with President Biden and Vice President Harris as they address the coronavirus pandemic. Our large employer member companies are ready to do their part to help vaccinate their workforces and reopen the economy.
DOL’s Missing Participant Guidance Good First Step
ERIC is pleased that the Department of Labor has released much-needed guidance on missing participants. As plan sponsors who voluntarily offer retirement plans, our member companies share the agency’s goal of ensuring that every participant receives the benefits they have earned.
ERIC’s Lawsuit Against Seattle Bolstered by U.S. Supreme Court Ruling
ERIC remains steadfast in our belief that Seattle Municipal Code 14.28 (SMC 14.28) is a mandate on federally regulated benefit plans, a violation of federal law. The City’s claim that there is a presumption against preemption is weak and relies on outdated court rulings.
ERIC Supports Improving Access to Retirement Savings Act
ERIC appreciates the bipartisan introduction of the Access to Retirement Savings Act. We support Senators Grassley, Hassan, and Lankford’s efforts to ease unnecessary administrative burdens and expand retirement security for American workers.
Transparency Measures Needed in Surprise Medical Billing Legislation
ERIC appreciates lawmakers’ efforts to take steps to end the predatory practice of surprise medical bills; however, surprise medical billing should not advance without adding meaningful and complementary health care transparency measures.
ERIC Works with Congress to Provide Retirement Security for Employees and Retirees, During and After COVID-19
ERIC is working with lawmakers to protect and support retirement security for American workers and retirees during and after the pandemic.