Bloomberg: 5 Things to Know About Labor Dept.'s New Health Plan Rule
Submitted By Anonymous, Created 07/18/2018 - 14:19
- Small businesses, like self-employed individuals, can now form groups and purchase health insurance as a large group.
- The DOL developed and published its final rule in about eight months from start to finish.
- The rule could provide political fodder for Republicans fighting for seats during the upcoming midterm elections.
- The rollout for the rule is staggered to allow the Labor Department and state regulators to update their laws and regulations.
- Critics say association health plans have a history of fraud and abuse that wasn’t addressed in the rule making.
Source: Bloomberg
Source URL: https://news.bloomberglaw.com/employee-benefits/5-things-to-...