03/01/2003
The Labor Department’s Pension and Welfare Benefits Administration (PWBA) changed its name last month to the Employee Benefits Security Administration (EBSA). But …
03/01/2003
Q. Due to rising premiums, our company is looking into alternatives to reduce our group health benefit costs. Several employees are on our plan and their spouses’ plan. They are willing to go off our group plan if we compensate them “x” amount of dollars each month. Is it legal to offer the medical insurance benefit or a cash alternative? —S.P., Michigan