Employers with approved private plans can request refunds for premiums paid before approval.
The bill allows employers with approved private plans to request refunds for premiums paid before their plans were approved. Employers must submit a refund request form to the Department of Labor, which will verify the amount and issue a refund, including interest, within a specified timeframe. The Department of Labor must also provide a refund request form and information on its website by January 1, 2025.
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