The “Pharmacy Benefit Manager Transparency Act” Does Too Little to Bring Transparency and Accountability to the Prescription Drug Market

WASHINGTON, DC, March 22, 2023 – In a letter sent yesterday to the U.S. Senate Committee on Commerce, Science, and Transportation, The ERISA Industry Committee (ERIC) urged the members to vote no on the Pharmacy Benefit Manager Transparency Act (PBMTA, S. 127), legislation that fails to include employer-focused, comprehensive solutions that would bring clarity and responsibility to the prescription drug supply chain.

The ERISA Industry Committee Refiles Motion for Summary Judgment in NJ WARN Act Lawsuit

Washington, D.C., March 14, 2023 – The ERISA Industry Committee (ERIC) today refiled a motion for summary judgment in its ongoing lawsuit, The ERISA Industry Committee v. Robert Asaro-Angelo, the Commissioner of the New Jersey Department of Labor and Workforce Development. This filing follows the completion of an expedited discovery process ordered by the Court, regarding ERIC’s standing to file the suit.

Employers Work to Expand Mental & Behavioral Health Care Offerings but Need Congress’ Help to do More

Providing high quality affordable, and accessible mental and behavioral health care for employees and their families is a top priority for large employers. As laid out in ERIC’s 2021 mental health report, employers responded to the increased need for care exasperated by the pandemic by expanding their benefit offerings; and they continue to work to improve access and quality in all aspects of the health care system.