Releases new issue brief detailing how reform would require PBMs to act in the best interest of patients and help keep health insurance costs low
Miscellaneous Archives:
Leading Healthcare Stakeholders Respond to Administration Change to Mental Health Parity Act
Washington, D.C., September 9, 2024 – AHIP, the Association of Behavioral Health and Wellness (ABHW), the Blue Cross Blue Shield Association (BCBSA), and The ERISA Industry Committee (ERIC) react to the Tri-Departments’ final mental health and substance use disorder parity rule released today.
ERIC Statement on Release of Mental Health Parity Act
Today, The ERISA Industry Committee (ERIC) released the following statement on the Biden Administration’s changes to mental health and substance use disorder parity regulations under the Mental Health Parity and Addiction Equity Act of 2008 (MHPAEA) and the Consolidated Appropriations Act of 2021 (CAA). The statement is attributable to Melissa Bartlett, Senior Vice President of Health Policy for ERIC.
ERIC Statement on IRS Guidance for Matching Contributions Made on Account of Qualified Student Loan Payments
Washington, D.C., August 19, 2024 – Today, The ERISA Industry Committee (ERIC) issued the following statement regarding today’s release by the Internal Revenue Service (IRS) of Notice 2024-63, implementing Section 110 of the SECURE 2.0 Act. The statement is attributable to Andy Banducci, Senior Vice President for Retirement and Compensation Policy.
The ERISA Industry Committee Applauds FDA Efforts to Make Biosimilars More Accessible
Washington, D.C., August 20, 2024 – The ERISA Industry Committee (ERIC) today praised draft guidance (Guidance) by the U.S. Food and Drug Administration (FDA) that will help increase competition in the prescription drug markets, boosting the availability of affordable biosimilar drugs.
ERIC Urges California To Recognize Limits To Regulating ERISA Self-Insured Health Benefit Plans
Washington, D.C., August 9, 2024 – The ERISA Industry Committee (“ERIC”) this week submitted comments to Assemblymember Buffy Wicks (D-Oakland) and the California State Assembly Appropriations Committee regarding the applicability and enforceability of SB 966 to self-insured health benefit plans governed by the federal Employee Retirement Income Security Act of 1974 (“ERISA”).
P4ESC Opposes Efforts to Tax Employees on the Value of Their Health Coverage
WASHINGTON, July 17, 2024 – The Partnership for Employer-Sponsored Coverage (P4ESC) today underlined opposition to proposals made by the Paragon Health Institute and others to cap the individual income tax exclusion for employer-sponsored coverage.
The ERISA Industry Committee Praises U.S. Patent and Trademark Office Proposed Rule to Reform Patent Process, Improve Competition, and Make Prescription Drugs More Affordable
The ERISA Industry Committee (ERIC) today praised a proposed rule by the U.S. Patent and Trademark Office (USPTO) to increase competition in the prescription drug markets, boosting the availability of affordable biosimilar drugs by reforming patent policies. The new rule would crack down on “terminal disclaimers,” a strategy used by branded drug manufacturers to stave off competition for much longer than Congress intended.
ERIC Statement on U.S. Supreme Court Decision to Overturn the Chevron Doctrine
Today, the ERISA Industry Committee (ERIC) released the following statement on the U.S. Supreme Court’s decision to overturn the Chevron doctrine in Loper Bright Enterprises v. Raimondo. The statement is attributable to Tom Christina, Executive Director of the ERIC Legal Center.
The ERISA Industry Committee Urges the Texas AG to Recognize the Limits of Texas State Authority
Washington, D.C., June 18, 2024 – The ERISA Industry Committee (“ERIC”) yesterday submitted comments in response to a request for opinion sent to Texas Attorney General Ken Paxton by Senator Charles Schwertner regarding the applicability and enforceability of two Texas state laws, HB 1763 and HB 1919, to self-funded health benefit plans governed by the federal Employee Retirement Income Security Act of 1974 (“ERISA”).