One True Statement About the Employee Retirement Income Security Act

One true statement about the Employee Retirement Income Security Act of 1974 (ERISA) is that:

A) ERISA applies to all issuers of health insurance products, such as HMOs
B) pension plans and employee welfare plans are exempt from any regulation under ERISA
C) ERISA requires self-funded plans to comply with all state mandates affecting health insurance companies and health plans
D) the terms of ERISA generally take precedence over any state laws that regulate employee welfare benefit plans

Correct Answer:

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