Property Dems Explain to DOL Employers' Overall health Plans Skirt ERISA

Legislation360 (Oct 8, 2020, 6:12 PM EDT) — Two Democratic Property leaders are urging the U.S. Office of Labor to consider a near seem at no matter if companies are violating the Staff Retirement Cash flow Protection Act by providing staff shoddy wellness advantage strategies that are topic to significantly less regulation underneath the law.

Home Committee on Education and Labor Chairman Bobby Scott, D-Va., alongside with Subcommittee on Wellness, Instruction, Labor and Pensions Chair Frederica Wilson, D-Fla., warned in their letter Wednesday that employers are significantly employing healthcare facility insurance items meant to replace profits during hospitalization or illness in place of regular wellness coverage strategies.

“Proof strongly implies that these preparations could…

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