Sec. 4. Study on plan assets
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/bill/118/hr/4527/ih/section-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 1 year after the date of enactment of this Act, the Secretary of Labor shall submit to the Committee on Education and the Workforce of the House of Representatives a report on the status of de-identified claims and encounter information or data described in section 724(a)(1)(B) of the Employee Retirement Income Security Act of 1974 ( 29 U.S.C. 1185m ), including information on the following: Circumstances under current law where such information or data could be deemed a group health plan asset (as defined under section 3(42) of such Act).
Whether restrictions on the ability of a plan fiduciary to access such information or data violates a requirement of current law. The existing regulatory authority of the Secretary to clarify whether such information or data belongs to a group health plan, rather than a service provider. Legislative actions that may be taken to establish that such information or data related to a plan belongs to a group health plan and is handled in the best interests of plan participants and beneficiaries.
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Sec. 4
Study on plan assets
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