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                  Employee Benefits
                 
                    
                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
                       
                                                                                            By: Catherine M. Stowers
                                                                                             on  June 27, 2025
                                                                     
                     Regulation of Pharmacy Benefit Managers Senate Bill 140 (SB 140), which was signed into law by Governor Braun on May 6, 2025, imposes wide-ranging reforms on pharmacy benefit managers (PBMs) operating in Indiana, and will thus be impactful to self-funded group health plans offering pharmacy…
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                                                                                            By: Brandon W. Shirley
                                                                                             on  May 1, 2025
                                                                     
                     Clients have asked Brandon Shirley about acquiring a health entity that would qualify for the 340B Drug Pricing Program because, as he explains, “it does enable substantial benefits if you can get into it.” But the program is also complex. A healthcare Senior Associate at Krieg DeVault, Brandon… Read More  
                 
                    
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
                       
                                                                                            By: William W. Merten
                                                                                             on  January 8, 2025
                                                                     
                     When they launch a business, most founders don’t have selling on the top of their mind. But when it comes time to consider the future – for themselves, the company, and employees – an ESOP (Employee Stock Ownership Plans) can be a win-win. “A lot of founders would say, ‘I'm not ready to sell the… Read More  
                 
                    
                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
                       
                                                                                            By: Emily C. Kopp
                                                                                             on  November 5, 2024
                                                                     
                     On November 1, 2024, the Internal Revenue Service issued Notice 2024-80 announcing the cost-of-living adjustment (“COLA”) applicable to pension and retirement plan dollar limitations for the 2025 calendar year.   New for 2025 and courtesy of SECURE 2.0, a “super” catch-up contribution limit for… Read More  
                 
                    
                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
                       
                                                                                            By: Catherine M. Stowers
                                                                                             on  March 26, 2024
                                                                     
                     In a widely publicized lawsuit filed in February of this year, former Johnson & Johnson (“J&J”) employee Ann Lewandowski sued the pharmaceutical giant for allegedly breaching its fiduciary duties under the Employee Retirement Income Security Act of 1974 (“ERISA”). The lawsuit seeks class action… Read More  
                 
                    
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
                       
                                                                                            By: Lisa A. Durham and Emily C. Kopp
                                                                                             on  January 23, 2024
                                                                     
                     Effective for plan years beginning on or after January 1, 2024, plan sponsors of 401(k) plans must comply with new rules covering temporary, part-time, and seasonal workers. The Internal Revenue Service (“IRS”) issued proposed regulations on November 27, 2023 which provided much-needed guidance on… Read More  
                 
                    
                                                                                                                                                                                    
                       
                                                                                                                    November 2, 2023
                                                                     
                     On November 1, 2023, the Internal Revenue Service issued Notice 2023-75 announcing the cost-of-living adjustment (“COLA”) applicable to pension and retirement plan dollar limitations for the 2024 calendar year.  Most of the dollar limits applicable to contribution and benefit limits, including the… Read More  
                 
                    
                                                                                                                                                                                    
                       
                                                                                                                    August 30, 2023
                                                                     
                     Welcome news was delivered by the Internal Revenue Service last Friday afternoon, under IRS Notice 2023-62.  The IRS has extended the January 1, 2024 deadline for employer-sponsored retirement plans to implement Section 603 of SECURE 2.0 (“Section 603”) which would require an employer to treat all… Read More  
                 
                    
                                                                                                                                                                                    
                       
                                                                                                                    August 22, 2023
                                                                     
                     On August 9, 2023, the Internal Revenue Service (the “IRS”) issued a cautionary statement to business owners, plan sponsors, individual taxpayers, advisors, and attorneys concerning a range of compliance issues associated with employee stock ownership plans (“ESOPs”).  The IRS emphasizes the need to… Read More  
      
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