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| *Resource of HR>>>employee benefits |
Who regulates corporations who's employee benefits are self-insured by the corporation? |
Who regulates corporations who's employee benefits are self-insured by the corporation? The United States Department of Labor regulates self-funded ERISA plans. However, they do not investigate complaints; they can only answer general questions as to whether or not a situation complies with ERISA. In the event of a dispute that cannot be resolved between the covered employee and the employer's Fiduciary, a lawsuit can be filed in Federal Court; state courts lack jurisdictional authority over self-funded ERISA plans. You may find this web page to be informative: http://www.dol.gov/dol/topic/health-plan... I hope this helps. Not totally sure what your asking. But when a company is self insured, the insurance program is manged by an outside source such as Blue Cross or another HMO or insurance organization. in every government, there's an agency or a department that looks after the welfare of workers in a private firm. they are the ones who impose guidelines on what should be regulated and benefit the workers. also, a union is in place to look after their co-workers need. any infringement made by a corporation is reported to the union, which in turn, files a complaint to the agency or department of the government... |
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