Enter DOL-NYAG Pact Over Employer Health Benefit Plans

Law360, New York (October 27, 2015, 11:15 AM EDT) -- New York Attorney General Eric Schneiderman and the U.S. Department of Labor's Employee Benefits Security Administration recently announced they have entered into an agreement to share information and work cooperatively to address violations of the federal Employee Retirement Income Security Act and New York laws applicable to employer health benefit plans. This unique agreement increases the regulatory and prosecutorial reach of two already powerful agencies with potentially significant implications for employers, plan fiduciaries, health insurers, third-party health benefit administrators and their vendors....

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