Multiple Employer Health Benefits Protection Act of 1993

[AI summary unavailable — showing source text] Multiple Employer Health Benefits Protection Act of 1993 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to establish certification standards under title I (Protection of Employee Benefit Rights) for multiple employer welfare arrangements (MEWAs) providing health benefits. Treats as employee welfare benefits plans, and exempts from certain restrictions on preemption, a MEWA which provides benefits consisting solely of specified medical care, which is not fully insured, and which applies for and receives a specified exemption. Sets forth exemption procedures, as well as additional requirements applicable to exempted arrangements. Requires certain disclosures to participating employees. Requires exempted MEWAs which are not fully insured to maintain specified types of reserves. Sets forth corrective actions which such MEWAs' operating committees must take: (1) to avoid depletion of reserves; or (2) in connection with termination of the MEWA. Provides for review of actions by the Secretary of Labor with respect to denials of applications for, or suspensions or revocations of, such exemptions. Revises ERISA with respect to: (1) a specified exemption from preemption…