Washington, D.c. V. Greater Washington Board Of Trade

Definition of "Washington, d.c. v. greater washington board of trade"

Legal decision in which the Supreme Court of the United States ruled that states cannot require employers to provide disabled employees the same health insurance with which they provide active employees. Regulation by states of employee benefit insurance plans is precluded when it relates in any way to employee benefit plans governed by the federal statute on pensions and benefits (EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 ERISA). The issue in this case was the relationship between WORKERS COMPENSATION INSURANCE (as required by the states for job-related illness or injuries incurred by the employee) and federally regulated health insurance provided by the company for actively at work employees. The Greater Washington Board of Trade challenged the Washington, D.C. law that required employers who provide health insurance for actively at-work employees to continue to offer equivalent health insurance coverage to disabled employees who are eligible for workers compensation insurance.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Property coverage for a builder of ships until possession passes to the owners. Protects against pre-launch and post-launch perils. Coverage can be purchased on an all risks basis subject ...

Most generally, twisting in insurance is regarded as an unfair trade policy or practice. Twisting means a life insurance policy holder’s misrepresentation on behalf of an insurance ...

tort against another person's property, designed to detain or dispose of it in a wrongful manner. For example, wrongful selling of another person's automobile without permission would ...

Membership organization of state insurance commissioners. One of its goals is to promote uniformity of state regulation and legislation as it concerns the insurance industry. The NAIC ...

New pension-accounting rule created by the Financial Accounting Standards Board. The objective of this rule is to clarify pension accounting so that investors, employers, and employees will ...

Assets from a will transfer into an established life insurance trust. Through this mechanism, assets that have been probated are transferred into a living trust. ...

Broad type of marine legal liability coverage, hull marine insurance is limited to an insured ship. With the addition of a running down clause, a policy can be extended to cover liability ...

Ownership of tax-free or tax-deferred investments by a child or for a child, given that these investments will not reach maturity before the child attains at least age 14. The objective is ...

Amount paid to an insurer. Determination of the actual cost (not the price paid) of a life insurance policy has been widely discussed for many years in life insurance and consumer circles. ...

Popular Insurance Questions