Legislation Updates on PBMs
Your awareness and involvement are key to safeguarding the benefits you rely on. Stay informed and learn how you can contribute to the advocacy for fair and beneficial PBM legislation.
In the dynamic landscape of healthcare legislation, it's essential to stay current on the latest developments affecting Pharmacy Benefit Managers (PBMs) and, consequently, your union benefits. Legislative efforts at both the federal and state levels are underway that could significantly impact how PBMs operate, particularly those collaborating with Taft-Hartley Trusts.
The proposed legislation focuses on practices such as spread pricing and the handling of pass-through rebates, which are critical elements in ensuring the profitability of pharmacies and the affordability of medications. These changes aim to foster a more transparent and equitable pharmaceutical marketplace.
However, it's critical to recognize the broader implications of these legal adjustments. The legislation touches upon all funds covered by risk, intersecting with areas traditionally governed by the Employee Retirement Income Security Act (ERISA). The conversation around these legislative moves is intense, as some of the state laws are already being contested in the courts. Notably, a case in Oklahoma has prompted the court to request input from the Department of Labor regarding potential ERISA preemption.
The response from the Department of Labor in this matter has indicated a need for a robust dialogue at the federal level to clarify and potentially reinforce the preemption standards.
To ensure that you're equipped with the most up-to-date information and understand how these legislative changes may affect your union benefits, visit our Federal and State Legislation pages.
![Union workers](https://cdn.prod.website-files.com/654ce3da1f17ef53a377b5f8/6564d068e4239a9de3090ec8_IMG_20200318_131948120_HDR.jpg)
Federal Legislation
Federal legislation is moving in several senate and house Committees. Much of it will impact your decision-making ability, cost and plan design. Learn more about federal legislation that affects your benefits.
State Legislation
All states are pushing boundaries, aiming to regulate and restrict your health coverage. On a state-by-state level, ERISA is being destroyed. We're here to educate you on ERISA, your rights, and help advocate for protecting ERISA for all union members.
Learn MoreTake action to preserve YOUR union health benefits!
We have the power to make a difference in safeguarding ourselves against unchecked rises in healthcare expenses. By joining this coalition, we will ensure that you stay informed about legislation that relies on empty rhetoric and does not address the need to reduce costs for participants in the plan.