Law and regulation

Lawsuits have been filed against eight private universities sponsoring defined contribution code Section 403(b) and 401(a) retirement plans

Last week, yet another slew of private retirement plan managers became the target of class-action lawsuits. This time it was a bunch of universities: Yale University, NYU, MIT, and other schools have been sued for failing to properly oversee their employees’ retirement plans.

The insurer warned the government in a July letter that it would be financially forced to step back its participation in the individual insurance exchanges if the DOJ tried to block its $28 billion purchase of Humana. Guess what happened, writes Max Nisen.

The number of plan sponsors concerned about fiduciary matters jumps 14%, a Fidelity Investments study shows.

The number of plan sponsors concerned about fiduciary matters jumps 14%, Fidelity Investments study shows.

The DOL and IRS announced a proposal to implement significant changes to forms and regulations that govern annual employee benefit plan reporting.

The IRS published new rules that attempt to reduce the confusion regarding taxpayer identification number solicitations.

DC contributions are in danger when a person becomes disabled, attorney David Kaleda and other experts say.

DC contributions are in danger when a person becomes disabled, attorney David Kaleda and other experts say.

Chief Executive Officer David Cordani faces a tough task: persuading investors and lawyers that the health insurer is committed to a troubled $48 billion takeover, while also talking up its prospects as an independent company.

Lawmakers are not experts on healthcare, so it is incumbent on brokers to help educate them, says Ed Oleksiak, VP at Holmes Murphy and former legislative council chair at NAHU.

The judge overseeing two U.S. cases challenging mergers among four of the biggest health insurers gave up one, improving the odds for rulings on both tie-ups by the end of the year and reducing the chance they fall apart beforehand.

The Affordable Care Act and Medicaid have enacted revised rules that will enforce covered entities providing healthcare programs and services to have accessible websites, say attorneys from Sheppard, Mullin, Richter, & Hampton LLP.

The takeover is in “danger of collapsing” unless there’s a quick trial to resolve a U.S. lawsuit seeking to block the deal.

The DOL and IRS announced a proposal to implement significant changes to forms and regulations that govern annual employee benefit plan reporting.

The Empire State's insurance regulator has “significant concerns’’ about proposed $48 billion acquisition will hold a hearing to address them before deciding whether to approve the deal.

When it comes to healthcare proposals such as Paul Ryan and the GOP’s latest, gradual is better, says adviser Craig Hasday.

Chicago's recent PTO ordinance is only the latest example of a nationwide trend to mandate that employers provide paid time off to employees to care for themselves or their families — a trend certain to continue and expand.

Debating the merits of presidential candidates Hillary Clinton and Donald Trump in the office is not a constitutional right for private-sector employees, says attorney Michael C. Schmidt.

The Affordable Care Act and Medicaid have enacted revised rules that will enforce covered entities providing healthcare programs and services to have accessible websites, say attorneys from Sheppard, Mullin, Richter, & Hampton LLP.