Employee Retirement Income Security Act (ERISA)
J. Richard Ciccone
Abstract
J. Richard Ciccone
Abstract
On Labor Day 1974, President Gerald Ford signed the Employee Retirement Income Security Act (ERISA) into law (29 U.S.C. §§1001-1046). is law played a signicant role in the restructuring of health care, and made healthcare reform more dicult. e purpose of this chapter is to provide (a) a brief background of the events that led to enactment of the law; (b) an overview of the relationship of ERISA to health-care plans; and (c) a review of some attempts to have the courts remedy impediments to health care that managed care companies constructed by using ERISA as a shield.
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On Labor Day 1974, President Gerald Ford signed the Employee Retirement Income Security Act (ERISA) into law (29 U.S.C. §§1001-1046). is law played a signicant role in the restructuring of health care, and made healthcare reform more dicult. e purpose of this chapter is to provide (a) a brief background of the events that led to enactment of the law; (b) an overview of the relationship of ERISA to health-care plans; and (c) a review of some attempts to have the courts remedy impediments to health care that managed care companies constructed by using ERISA as a shield.
Key concepts: Employee Retirement Income Security Act, Restructuring, Health care, Business, Labour law, Law, Political science, Finance