When employee benefit professionals collectively roll their eyes at nearly every new layer of government regulation, I roll mine right along with them.
I have done so since 1988, when the infamous – and laughably draconian – Section 89 proposal sparked some of the loudest catcalling I’d ever heard from this industry and forever made me a skeptic of well-intentioned ideas with unintended consequences. It was a rude awakening for me, having grown up in an environment where laws were respected and never really questioned.