Those individuals who receive employee health insurance through a group benefits plan have certain rights and protections. A 1974 federal law called the Employee Retirement Income Security Act (ERISA) affords insured individuals these protections.
The Employee Retirement Income Security Act (ERISA) is federal legislation that allows government officials to maintain oversight over different employee-administered welfare plans and benefits. Some of the programs that federal officials oversee include health insurance policies and pensions. ERISA only covers two types of retirement plans, including defined contribution and benefit ones.