What is the ERISA?
The Employee Retirement Income Security Act, ERISA, was set up in 1974 with the intention of guarding individuals who were covered by private health plans as well as pension plans.
ERISA was established in order to form ground rules for these private companies to follow. The best interest of the policy holder should always be put first, according to the ERISA. There have been several amendments to this act since it’s inception in 1974.
One of the main changes to the act came when the Health Insurance Portability and Accountability Act was formed and added to the ERISA. This new act helps people with former health problems receive proper health coverage. Numerous other amendments have been made to the act in order to widen the scope of who is protected under the ERISA.
If you need assistance with an ERISA claim, please contact the Indiana ERISA lawyers of the Hankey Law Office by calling (800) 520-3633 today.