New Rules for Disability Benefit Claims May Be Delayed
By GBS Team
On Dec. 16, 2016, the Department of Labor (DOL) released a final rule to strengthen the claims and appeals
requirements for plans that provide disability benefits and are subject to the Employee Retirement Income
Security Act (ERISA). The final rule is currently scheduled to apply to claims that are filed on or after Jan. 1, 2018. However, on Oct. 10, 2017, the DOL proposed to delay the final rule for 90 days—until April 1, 2018.
The DOL will review the final rule to determine whether it is unnecessary, ineffective or imposes costs that exceed its benefits, consistent with President Donald Trump’s executive order on reducing regulatory burdens.