On Wednesday, February 11, 2026 at 12:00 p.m. – 1:00 p.m. ET, in a webinar titled, Transparency in Transition: Navigating the New Rules for PBMs and TPAs,” Groom attorneys will provide an overview of the pharmacy benefit manager (“PBM”) and third-party administrator (“TPA”) provisions included in the recently enacted  Consolidated Appropriations Act, 2026 (“CAA 26”), as well as the Department of Labor’s newly proposed regulation under ERISA section 408(b)(2).

In addition to summarizing the key legislative and regulatory developments, the discussion will focus on how these initiatives intersect, the likely next steps for the Administration and the DOL, and the anticipated impacts on PBM and TPA contracting, negotiations, service models, and revenue streams. The webinar will also address potential implications for fiduciary conduct and plan governance, as well as the increased risk of future ERISA-based class action litigation.

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