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Legislative Updates Welcome to Legislative Updates. Here you can stay informed on the latest governmental activities like HIPAA, ERISA, and COBRA that affect the insurance industry, and other businesses. View the WPS interpretation of each piece of legislation, by clicking on the above links, or visit the following links to learn even more. HIPAA is designed to make health coverage more portable for individuals who change jobs or health plans by limiting the coverage exclusions that can be imposed when such a change occurs. HIPAA also contains privacy provisions designed to protect the confidentiality and security of Protected Health Information (PHI). More information on HIPAA ERISA is a federal law that sets minimum standards for most voluntarily established pension and health plans in private industry to provide protection for individuals in these plans. COBRA allows a qualified beneficiary (covered employees, spouses, and/or dependents), who loses group health coverage due to a qualifying event, to elect, within the election period, to continue group health coverage for a period of time on a self-pay basis. |
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