Employee benefits in the United States include:
The Consolidated Omnibus Budget Reconciliation Act or COBRA: COBRA is a law that constitutes provisions to certain former employees, spouses, retirees and dependent children the right to buy temporary continuation of group health plan coverage at group rates under certain specific instances.
The Employee Retirement Income Security Act: This is a law that offers protection to all employees enrolled in plans such as health, retirement, and other benefit plans sponsored by private-sector employers. It provides right to information and a grievance and appeals process for participants to gain benefits from their plans.
The Women's Health and Cancer Rights Act: The Women's Health and Cancer Rights Act deliver protection to patients suffering from breast cancer and who opts for breast reconstruction as a result of mastectomy.
The Genetic Information Nondiscrimination Act: This is one act that forbids discrimination in group health plan premiums on the basis of genetic information. It also prohibits group health plans from demanding genetic information or genetic tests.
The Mental Health Parity and Addiction Equity Act and the Mental Health Parity Act: These are the laws that prohibit annual or lifetime limits on mental health/substance use disorder benefits that are lesser than annual or lifetime dollar limits on surgical/ medical benefits. This Act requires parity in treatment limitations and financial requirements for mental health/substance use benefits
The Children's Health Insurance Program Reauthorization Act: This is savior Act that allows exceptional enrollment in a group health plan in cases where in an employee or dependents lose coverage under Medicaid or CHIP or are entitled to premium assistance under those programs.
To learn more on latest regulations in US go to www.OnlineCompliancePanel.com
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