Allowing group health plans to deliver required disclosures by electronic media (e.g., email or a web portal) instead of by mail could save them $3.9 billion over the next 10 years, the DOL estimates.
The US Department of Labor (DOL) has proposed a new regulation intended to help fiduciaries of self-insured group health plans to assess the compensation of pharmacy benefit manager (PBM) services and to fulfill their duties under the Employee Retirement Income Security Act (ERISA).
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News: HR guidance on complying with ERISA requirements.