"Recent litigation makes clear that ERISA's fiduciary standards apply with full force to group health plans, particularly prescription drug benefits, pharmacy benefit manager (PBM) arrangements, and voluntary benefit offerings.... Beyond litigation defense, a committee structure improves plan operations. Concentrating fiduciary expertise supports more consistent and well‑documented decisions, stronger vendor selection and monitoring, clearer separation between business decisions and fiduciary functions, and enhanced compliance with increasingly complex health plan regulations."  MORE >>