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While some of the more objectionable features of the proposed MHPAEA regulations were not finalized, their basic structure remains fully intact, including provisions that employers found most burdensome.

A three-judge panel found that the employees failed to show how their employer's rebate move hurt them.

Sen. Elizabeth Warren's new report, "Cancun, Cruises and Cash," found that "perks and kickbacks" allow fiduciaries to work against the best interests of "Americans who work hard and save for retirement."

The DOL's new Retirement Security Rule, which had been set to become effective Sept. 23, will remain on hold as appeals will be heard by the 5th Circuit, which blocked the previous Obama-era fiduciary rule.

Here is a brief summary of items that employers and benefits advisors should be aware of for health plans as we close out 2024 and head into 2025.

Since publication, freelance workers and others have filed lawsuits challenging the rule. These legal challenges currently are in the early stages of litigation.

They softened a fiduciary analysis provision for ERISA plans but want parity provisions in TPA agreements.

The IBM lawsuit caught the attention of Labor Department, which claims the three-year deadline to bring a fiduciary claim doesn't apply because workers didn't have "actual knowledge" of the ERISA violation.