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Kathleen Carr-Smith Profile
Kathleen Carr-Smith

@kcarrsmith

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Silver Spring, MD
Joined October 2012
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@ERISAIndCmte
ERISA Industry Cmte.
2 years
ERIC recognizes the complexity, particularly for employers, of the recently released Proposed Rule on Mental Health Parity and Addiction Equity Act, and requested more time to submit comments to the agencies. Read ERIC’s press statement: https://t.co/18SeGmkb5Q
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@ERISAIndCmte
ERISA Industry Cmte.
2 years
Read more from @PLANSPONSOR on ERIC's recent ask to Congress to reexamine plan sponsor premiums. https://t.co/DmzJynLroP
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@ERISAIndCmte
ERISA Industry Cmte.
3 years
SECURE 2.0 included a number of changes to ERISA’s notice and disclosure provisions. ERIC’s Andy Banducci was quoted in Bloomberg Law discussing the importance of shaping disclosure rules that work for both plan participants and employers. Read more below.
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news.bloombergtax.com
Workplace retirement plans are trying to implement a hodgepodge of 401(k) disclosure provisions Congress enacted late last year that’s left regulators juggling simplifying jargon and not overburden...
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@ERISAIndCmte
ERISA Industry Cmte.
3 years
ERIC commends the Senate Finance Committee's efforts to increase transparency & accountability within the health system and recently joined a coalition with industry leaders urging the Senate to expand their focus to include hospital prices. Read more:
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@ERISAIndCmte
ERISA Industry Cmte.
3 years
ERIC is producing a summary for members of the Proposed Rules to the Mental Health Parity and Addiction Equity Act released this morning. ERIC also created a working group to draft comprehensive comments on the Proposed Rule. Learn more here: https://t.co/EirKMe83Tq
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@ERISAIndCmte
ERISA Industry Cmte.
3 years
ERIC was honored to join a roundtable discussion today hosted by the Bipartisan Working Group on Paid Leave to highlight the need for relief from a growing patchwork of inconsistent state and local paid leave mandates. Learn more: https://t.co/kIJUnETNFV
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@ERISAIndCmte
ERISA Industry Cmte.
3 years
ERIC supports legislation that increases competition in the drug market, including the recent “Biosimilar Red Tape Elimination Act” introduced by Sen. Mike Lee (R-UT), Ben Ray Lujan (D-NM), Mike Braun (R-IN), and J.D. Vance (R-OH). Read more here: https://t.co/eUj7kRYoUx
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@ERISAIndCmte
ERISA Industry Cmte.
3 years
ERIC is continuing to advocate on behalf of its large employer members to ensure less burdensome plan administration & SECURE 2.0 implementation, including recommendation letters to the IRS. Read more on the potential impacts of Section 603 for employers: https://t.co/9RmGiijGVy.
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@ERISAIndCmte
ERISA Industry Cmte.
3 years
Employers are limited by not having access to the information #transparency rules are designed to address. ERIC urges Congress to ensure better transparency & accountability by extending the ERISA fiduciary duty of plans sponsors to their PBMs. Read more👇 https://t.co/7U0GlUd4BH
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news.bloomberglaw.com
Lawsuits by employers against insurers that administer employer health plans are beginning to mount, and workers could soon join the fray with litigation against employer-sponsored health plans.
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@ERISAIndCmte
ERISA Industry Cmte.
3 years
The Roth catch-up requirements in SECURE 2.0 present recordkeeping and other challenges for large retirement plan sponsors. ERIC joined a coalition of industry leaders to urge Congress and the Treasury Department to delay its implementation. Read more: https://t.co/Xe5pWlFffY
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@ERISAIndCmte
ERISA Industry Cmte.
3 years
“A more accountable and transparent PBM industry has the potential to save employers billions of dollars.” Read more from ERIC SVP of health policy Melissa Bartlett's recent @EBNbenefitnews PBM op-ed: https://t.co/VUat06mxW0
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@ERISAIndCmte
ERISA Industry Cmte.
3 years
ERIC is here to help our large plan sponsor members monitor and navigate the state PBM landscape. Read more from @WTWcorporate about how recent state laws regulating PBMs are affecting self-insured group health plans under ERISA preemption: https://t.co/BECjmVEODC.
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@ERISAIndCmte
ERISA Industry Cmte.
3 years
ERIC’s Andy Banducci spoke about SECURE 2.0 and the compliance challenges facing retirement plan sponsors at the 2023 @PLANSPONSOR National Conference. He was joined on the panel by David Levine from @groomlawgroup. #PSNC2023
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@ERISAIndCmte
ERISA Industry Cmte.
3 years
ERIC, alongside a growing coalition of industry leaders, sent a letter to members of Congress urging the advancement of the FAIR Act and the SITE Act, two bills critical to preventing dishonest hospital billing. Read more here:
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@ERISAIndCmte
ERISA Industry Cmte.
3 years
ERIC is proud to endorse the CONNECT for Health Act along with over 150 organizations. The CONNECT for Health Act of 2023 would remove barriers to telehealth coverage and expand telehealth flexibilities. Read more about the CONNECT for Health Act here:
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@ERISAIndCmte
ERISA Industry Cmte.
3 years
Yesterday, the Biden Administration released its Spring 2023 Regulatory Agenda. ERIC is already working with administration officials and will continue representing our large employer plan sponsors as rules are made affecting the workplace benefits. https://t.co/YknWAxWfKL
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@ERISAIndCmte
ERISA Industry Cmte.
3 years
Today, ERIC submitted several suggestions regarding health care and retirement benefits following an agency request for stakeholders to recommend items to be considered for the U.S. Treasury Department and IRS's 2023-24 Priority Guidance Plan. Read more: https://t.co/0VDnzLm8xu
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@ERISAIndCmte
ERISA Industry Cmte.
3 years
Listen to @SeyfarthEBLaw's latest episode of the Take It Or Leave It podcast featuring ERIC’s Director of State Advocacy and Litigation Dillon Clair, where he discusses hot-topic paid leave legislative issues. Click the link to hear the full episode👇 https://t.co/MNOTj6yIcR
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seyfarth.com
Paid leave laws continue to evolve and expand in states and localities across the country. The country’s many paid leave patchworks continue to blossom, including in the spaces of mandatory and...
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@ERISAIndCmte
ERISA Industry Cmte.
3 years
ERIC alongside coalition leaders is urging Congress to advance reforms that promote site-neutral payments to ease the financial burden of health care for American consumers, employers, and the federal government. Read ERIC’s site-neutral statement:
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@ERISAIndCmte
ERISA Industry Cmte.
3 years
Employer-sponsored health plans are still awaiting guidance on mental health parity. ERIC President & CEO @JamesGelfand reflects on the 2022 MHPAEA Report to Congress as demonstrating “not that employers are doing something wrong, but that DOL is doing something wrong.”
@BLaw
Bloomberg Law
3 years
Employers that provide health insurance are keeping an eye out for two developments from the Department of Labor. https://t.co/309c7x4k2x
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