Federal & State Regulations | MEWAs - Louisiana | J. J. Keller® Compliance Network

State Info

Summary of differences between federal and state regulations

Among the various employee benefit programs established and governed by ERISA are multiple employer welfare arrangements (MEWAs), which are subject as well to state regulatory and fiscal standards consistent with ERISA. Federal ERISA covers MEWAs. Under Louisiana law, if there is a multiple employer plan, continuation of insurance under the group policy terminates on the date the employer terminates participation under the group master policy. When this occurs the employee has a conversion privilege if the date of termination precedes that on which his actual continuation of insurance under that policy would have terminated. The insurer that insured the group prior to the date of termination shall make a converted policy available to the employee or member.