DOL Issues Final Rules for Association Health Plans
| posted in Blog, NewsletterThe Department of Labor in June issued its final rules for expanding employers’ access to association health plans, a move that could result in some increases in premiums for other plans, including Affordable Care Act-compliant small group health plans. The rule in its essence allows more small businesses and self-employed workers to band together to buy insurance. The final rule is part of the Trump administration’s plan to encourage competition in the health insurance markets and lower the cost of coverage. It does that by broadening the definition of an employer under the Employee Retirement Income Security Act (ERISA) to allow…
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