Task 1.13.3 of 5
Require insurers to give 12 months' notice of layoffs (beyond the WARN Act's 60 days) and pay retention bonuses for claims run-off staff.
Who does it
DOL / Congress
When
Month 0
Trade-off
12 months' notice protects workers but keeps insurers operating with demoralized staff.
Part of: Launch the displaced-worker program
About 975,261 workers in insurance, billing, brokerage, PBMs, and related jobs will lose them over four years. The program pays wage replacement, wage insurance, training, and bridge pensions, and gives hiring preference at UHA and in health care.
This step changes 1 existing laws, programs, or institutions. See the list.