The U.S. Department of Labor issued its annual report on self-insured group health plans. The report, which is mandated under the Affordable Care Act, uses data from 2014 Plan Year Form 5500 and financial filings of employers that offer self-funded health coverage.
Some of the findings are as follows.
Since the report uses self-reported Form 5500 information, and since there are different ways of reporting on Form 5500, the DOL cautions that the results may not be a complete reflection of the health plan population.