Page 2 - Plan Provider News Today : Breaking News, Live Updates & Top Stories | Vimarsana

On December 15, 2020, the U.S. Department of Labor (the “DOL”) issued its highly anticipated final prohibited transaction class exemption for fiduciary investment advice (the “Final Exemption”). The Final Exemption, which will be officially designated “Prohibited Transaction Exemption 2020-02,” serves two broad functions. First, in the preamble, the DOL provides its “Final Interpretation” of the five-part test under its 1975 regulation defining who is an investment advice fiduciary under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) and Section...

Not decimated by what they're trying to do here. >> senator, as john importantly point out, just yesterday, aetna, huge insurance provider, said they're totally pulling out of virginia. their losses this year projected upwards of $200 million. have you iowa on the verge of possibly not having any of these insurers in the individual exchanges in one more minnesota-based plan provider pulls out. isn't that part of what republicans point to as a collapse? wouldn't that mean more people uninsured if those providers pull out? >> one of the driving forces for the problems in those smashgts what repu...