Learn more about 2026 coverage credibility, safeguarding employee health data, mental health benefit awareness, executive order drug prices and enhance PBM clarity.
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NIS Benefit News

May 2025

Thanks for being a part of the NIS team. Every other week, our newsletter brings you the latest public sector articles, information, and resources you need. Here is what's trending this week.

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Executive Action Aims to Slash Drug Prices and Enhance PBM Clarity

A new executive order aims to lower U.S. prescription drug prices by directing the Department of Labor to increase transparency in employer health plans about pharmacy benefit manager compensation. READ MORE

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Many Employees Unaware of Mental Health Benefits

A recent survey revealed that 25% of workers are unaware of their mental health benefits, and only 50% know how to access them through employer-sponsored insurance. READ MORE

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Safeguarding Employee Health Data: Best Practices for the Workplace

Employers are required to protect the confidentiality of all employees’ medical information, regardless of how the information is received or the purpose of the disclosure. READ MORE

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CMS Finalized New Simplified Method for 2026 Coverage Credibility

The CMS recently issued Final Part D Redesign Program Instructions for 2026, detailing changes which affect the creditable coverage status of employer-sponsored prescription drug coverage. READ MORE

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Model CHIP Notice Updated

The U.S. Department of Labor's EBSA has released a new Employer CHIP Notice as of March 17, 2025. Employers with group health plans in states offering premium assistance must provide an annual notice to employees. READ MORE

 

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This newsletter is intended to be a compilation of information and resources pulled from federal, state, and local agencies. This is not intended to be legal advice.

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