Filed Under:Health Insurance, Individual Health

Labor rejects cash-for-coverage strategies

Labor Secretary Thomas Perez (AP photo/Ross D. Franklin)
Labor Secretary Thomas Perez (AP photo/Ross D. Franklin)

Employers should think twice before cutting workers or retirees a check and shipping them off to use the exchanges.

The Employee Benefits Security Administration, an arm of the U.S. Department of Labor, has told employers and their brokers just that in Technical Release 2013-03.

Originally published on BenefitsPro. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Nichole Morford

Nichole Morford
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