The Department of Labor has proposed regulations that would permit group health plans to use a notice-and-access electronic disclosure safe harbor similar to the framework available to retirement plans since 2020. The proposal would significantly expand when electronic delivery may be used, while allowing plans to retain current processes. This blog post explains how the proposed rules work, highlights the principal differences from the retirement plan safe harbor, and discusses the practical implications for employers, insurers, and plan administrators.   

The Administration’s latest actions will cause uncertainty in the markets. During this period of uncertainty, it is increasingly important for employers to seek stability.