The Trump administration's employee benefits team is taking a moderate approach toward reviewing major new group disability insurance claim regulations.
Officials at the Employee Benefits Security Administration announced today that they will postpone the effective date of the new regulations 90 days, to April 1, 2018, and only 90 days, to review information on the potential impact of the regulations on the group disability market.
EBSA completed work on the regulations in December 2016, as former President Barack Obama was about to leave office. The regulations, which were originally set to take effect Jan. 1, 2018, would impose new standards for group disability claim reviews. The new regulations would also give claimants quicker, easier access to the courts.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
