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 WebcastThe One Big Beautiful Bill Act: Benefits Provisions and Plan Impacts
On July 4, President Trump signed into law a budget reconciliation bill (H.R. 1, often referred to as the One Big Beautiful Bill Act (OBBB)). This bill includes most of the Trump administration’s legislative priorities, including extending expiring provisions of the Tax Cuts and Jobs Act of 2017 (TCJA), spending reductions, Medicaid reforms, enhanced energy production incentives, increased defense and border spending, and an increase in the debt ceiling.
Join our panel as they provide an overview of the key benefits-related provisions of OBBB, including changes to health savings accounts (HSAs), fringe benefits, executive compensation and to create new tax-preferred “Trump Accounts” for children.
Watch WebcastQuick Links
The One Big Beautiful Bill Act
- 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
- Trump Accounts and Contribution Pilot Program [IRS]
- Reminder Letter to the Fortune 500 Regarding Title VII Compliance Related to DEI Initiatives [EEOC]
- TrumpRx.gov Launches to Bring Lower Drug Prices to American Patients [The White House]
- DOL Proposes Historic Pharmacy Benefit Manager Fee Disclosure Rule [DOL]
- AI Literacy Framework Provides Foundational Content Areas and Delivery Principles [DOL]
- EBSA Updates National Enforcement Projects for Employee Benefit Plans [DOL]
- Statement on Withdrawal of Supreme Court Petition in Pizarro v. Home Depot [DOL]
- Fact Sheet: Transparency in Coverage Proposed Rule [CMS]
- Protecting American Investors From Foreign-Owned and Politically-Motivated Proxy Advisors [The White House]
- Guidance on Health Savings Account (HSA) Eligibility [IRS]
- Discrimination Against American Workers Is Against the Law [EEOC]
Analysis and Developments
- 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]
- Trump Retirement Proposal Raises Major Policy Questions [401(k) Specialist]
- DOL Moves to Loosen Independent Contractor Regulations [HR Dive]
- NLRB Reinstates 2020 Joint Employer Standard: A Return to Direct Control [Littler Mendelson]
- PBM Reform: What Employers Should Know About the New Federal Law and Proposed DOL Rules [Lockton]
- EEOC Scraps Harassment Guidance Protecting Transgender Workers [HR Dive]
- DOL Sides With Employer in 401(k) Forfeiture Complaint [PlanSponsor]
- DOL Stops Defending Biden-Era Fiduciary Rule [PlanSponsor]
- Executive Order Tracker [Littler Mendelson]
Podcasts
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