New DOL Rule Creates Certainty and Consistency for Fiduciaries

ERIC is pleased that the Department of Labor took our concerns seriously when considering the final rule on ‘Factors in Selecting Plan Investments.’ We especially appreciate the Department, including our asks to use the terms ‘pecuniary’ and ‘non-pecuniary’ instead of ‘ESG’ and easing some documentation requirements.

ERIC Applauds Louisiana Governor for Expanding Access to Telemedicine

Interstate compacts give large employers, like ERIC member companies, the ability to expand their health benefit offerings in the state. Compacts broaden the pool of providers, reducing provider shortages, allowing patients to have more options for accessing care. They also improve market competition and boost healthcare quality and affordability for patients throughout the state.

U.S. Appeals Court Must Protect Employee Benefits

ERIC remains steadfast in our belief that the City of Seattle is violating federal law by imposing benefit mandates on employers that already offer health coverage to their employees in compliance with federal law. We are reviewing yesterday’s filing by the City and will continue our fight to protect employers from state and local mandates on federally regulated benefit plans.

ERIC Win: Michigan Governor Approves Surprise Billing Legislation

Governor Whitmer signed HB 4459, which will now ban balance billing for out-of-network services that are delivered at in-network facilities, as well as in emergency rooms, and specifies that providers will be reimbursed based on the average negotiated in-network rate in that region, or 150 percent of Medicare rates.