"With the skyrocketing costs of health care and increased pharmacy spending, the implementation of new PBM reforms was expected. No immediate action is required, but employers should be prepared for restructuring of PBM contracts, reporting and oversight governance. Many of the CAA 2026 reforms are incorporated into ERISA, the Public Health Service Act, and the Internal Revenue Code, and will impact all employer plan sponsors, not just ERISA plan fiduciaries."  MORE >>