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Products June 24, 2010
Unum Offers Guide on Health Reform Law
June 24, 2010 (PLANSPONSOR.com) - Unum has produced a guide that details important changes required by the new health reform law and their impacts.
Reported by PLANSPONSOR staff
Included in the white paper are explanations of health coverage reforms including:
- Elimination of pre-existing condition exclusions,
- Elimination of coverage rescissions (except in the case of fraud),
- Required coverage for certain essential benefits, and
- Elimination of annual and lifetime maximums for many benefits.
The guide is the second in a series of educational pieces from Unum on the effects of health care reform. Last month, the company produced another guide explaining the Community Living Assistance Services and Supports (CLASS) Act, a national voluntary plan that offers a minimal long term care benefit.
The new guide is here.
The CLASS Act guide is here.« Increased Buyback Activity Aimed at Neutralizing Employee Options