The Church Alliance files response to Request for Information Regarding Reporting on Pharmacy Benefits and Prescription Drug Costs (July 23, 2021)
The Church Alliance responded to a Request for Information Regarding Reporting on Pharmacy Benefits and Prescription Drug Costs published by the Department of Health and Human Services, Department of Labor, Department of Treasury and the Office of Personnel Management. In the letter the Church Alliance pointed out that a technical drafting issue in the language added to the Internal Revenue Code could make the church plan exemption from the reporting requirement ambiguous. Therefore, the Church Alliance asked the Department of Treasury to address the issue. The letter also noted several challenges that church plans anticipate facing if they are required to comply with the reporting requirement.