Presidential Administration and Employee Benefits
The International Foundation tracks presidential administration developments to help educate the benefits community and their plan participants. Executive orders, regulations and other guidance will be posted here as they become available.
Washington Legislative Update
Discover the key issues and players that are driving legislative and regulatory initiatives that impact your plans and plan participants. Walk away with actionable takeaways to keep your plan in compliance and strategically plan for the future. Engage with experts, insiders and your fellow peers as you learn best practices, solutions and the latest issues that will affect your plans. If you're in a leadership position and you are responsible for plan compliance, oversight and sustainability, this is a must-attend conference.
More InformationRx Changes: New Laws and Future Impacts to Prescription Drugs
The last few weeks have brought a number of significant changes related to prescription drugs and how they are covered under multiemployer and single-employer health plans. These include new proposed pharmacy benefit manager (PBM) disclosure regulations from January 2026 (the Proposed Regulations); the new Consolidated Appropriations Act, 2026 law (CAA 2026), signed into law on February 3, 2026; the new TrumpRx website, which launched February 5, 2026; and a February 2026 Federal Trade Commission settlement with a major PBM, Express Scripts, Inc. (ESI). That settlement could preview a fundamental change in the PBM industry.
Watch WebcastQuick Links
The One Big Beautiful Bill Act
- Tax-Exempt Organizations: Proposed Rules for Compensation Over $1 Million [IRS]
- OBBBA Overtime Issues Employers May Overlook [JD Supra]
- OBBBA Changes Certain Workplace Benefits [Quarles & Brady]
- Prepare Your Systems for H.R. 1-Related Reporting and Administration [Workspan Daily]
- Direct Primary Care and Other Arrangements [HUB]
- How Will Employers Be Impacted by the Big Beautiful Bill? [Fisher Phillips]
Government Resources
- Proposed Rule Would Modernize Group Health Plan Disclosures [DOL]
- Proposed Rescission of Annual EEO Data Reporting [EEOC]
- Trump Accounts Generally Not ERISA Plans [DOL]
- Rescinding Affirmative Action Guidelines and Compliance Manual [EEOC]
- Proposed Rule Expands Employer Coverage of Fertility Benefits [DOL]
- Executive Order Expands Retirement Savings Access [The White House]
- Proposed Rule Would Clarify Joint Employer Status [DOL]
- Guidance Declares Proxy Advisors May Be Investment Advice Fiduciaries [DOL]
- Guiding Principles for Enforcement Decisions; Focus on Significant Harm to Participants [DOL]
- Fact Sheet: Fiduciary Duties in Selecting Alternative Investments Proposed Rule [DOL]
- Retirement Security Rule: Definition of an Investment Advice Fiduciary: Notice of Court Vacatur [DOL]
- Opinion Letter Program Relaunched to Expand Compliance Assistance [PBGC]
Analysis and Developments
- Trump IRA Order Pressures Small Employers on Retirement Plans [Bloomberg Law News]
- Rescheduling Medical Marijuana Could Prompt More Employees to Request Accommodations Under the Americans With Disabilities Act [HR Brew]
- DOL Proposal and Supreme Court Review Poised to Clarify Fiduciary Standards for Alternatives in 401(k) Plans [Alston& Bird]
- Steps to Mitigate the Ongoing Risk of Forfeiture Litigation [Boutwell Fay]
- Executive Order Targets Federal Contractor DEI Discrimination [Morgan Lewis]
- Judge Vacates Biden 401(k) Rule That Trump DOL Plans to Rewrite [Bloomberg Law News]
- Changes Abound for PBMs, Plan Sponsors, Health Plan Vendors and Prescription Drug Plans [Reinhart]
- TrumpRx Discounts Come With Uncertainty Over Pharmacy Payment [Bloomberg Law News]
- Executive Order Tracker [Littler Mendelson]
Podcasts
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