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Article: New law prompts employee benefit change. (Health Insurance Portability and Accountability Act)(Special Report: Health Care)(Directory)
- Article from:
- San Diego Business Journal
- Article date:
- February 3, 1997
- Author:
CopyrightCOPYRIGHT 1997 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Health Insurance Portability and Accountability Act
Effective July 1, the Health Insurance Portability and Accountability Act of 1996 creates new health coverage portability provisions. The purpose of the new law is to ensure that employees leaving an employer health plan have access to a new employer's plan without limitations due to pre-existing conditions, waiting periods, or health status. The new law applies to health plans with two or more participants who were employees on the first day of the plan year.
The portability requirements limit pre-existing conditions exclusions (PCE), prohibit exclusion from coverage based on health status, and guarantee ...