Net assets decreased overall due to lower investment returns and higher expense growth, according to our annual study of multiemployer health and welfare plans.

Our sixth annual study of multiemployer health and welfare plans (Taft-Hartley plans) found a slight decrease in the plans' ability to cover benefits and expenses with net assets.

A Milliman analysis of multiemployer health and welfare plans – or Taft-Hartley plans – finds that net assets increased for the fourth straight year on average.

This alert describes Title III (Supporting America’s Health Care System in the Fight Against the Coronavirus), Part II (Access to Healthcare for COVID-19 Patients), Subpart A (Coverage of Testing and Preventive Services), of the CARES Act, which expands upon Division F, Health Provisions, of the Families First Coronavirus Response Act.