More healthcare-related regulatory news for plan sponsors, including links to detailed information.
Proposed rule regarding association health plans
The Department of Labor (DOL) has issued a proposed rule under Title I of the Employee Retirement Income Security Act (ERISA). The rule would broaden the criteria under ERISA section 3(5) for determining when employers may join together in an employer group or association that is treated as the ‘employer” sponsor of a single multiple-employer “employee welfare benefit plan” and “group health plan” as those terms are defined in Title I of ERISA.
To read the proposed rule, click here.