The rule applies to all workers, with a limited exception for existing noncompete agreements with senior executives in “policy making” positions whose total annual compensation is at least $151,164. Despite objections from hospitals, the rule could implicate hospital and other healthcare entities that claim nonprofit tax-exempt status. While the FTC does not have the authority to apply the ban to nonprofits, the final rule makes clear that not all entities claiming tax-exempt status as nonprofits fall outside the Commission’s jurisdiction.
Once the rule takes effect, employers will be required to notify workers that their existing noncompete agreements are no longer enforceable.
ASNC is following this issue as it develops and will keep members informed.
Article Type
News & Announcements, Updates
Category
Advocacy
Related Posts
CMS Places Temporary Hold on Claims During Government Shutdown
Following the U.S. federal government shutdown on Oct. 1, the Centers for…
‘We All Benefit When There Is Increased Use of Cardiac PET,’ Says ASNC President-Elect
“This is a critical time for nuclear cardiology, a very exciting time,”…
ASNC Community Delivers Comments to CMS on Proposed Policies for 2026
ASNC submitted comments to the Centers for Medicare & Medicaid Services (CMS)…