Big Employers Alarmed by No Surprises Act: Reforms Urgently Needed to Prevent Premium Hikes
A coalition of large self-funded employers warns Congress that the 2020 No Surprises Act is driving up health-insurance costs and arbitration disputes, potentially boosting premiums. The ERISA Industry Committee—whose members include ExxonMobil, Walmart, and others—pushed for reforms to curb dispute costs and change price benchmarks, as lawmakers hold roundtables and consider amendments ahead of a lame‑duck session.