How Qualified and Nonqualified Plan Sponsors Should Respond to the Latest Guidance on ERISA Disability Claims Procedures

“While the fiduciary rule has received most of the attention in the world of ERISA as of late, a lesser known regulation that was finalized late last year also may require action by plan sponsors. This regulation, issued by the Department of Labor (DOL) in December 2016, requires applicable plans to satisfy additional procedural and notice requirements for disability claims. As a result, disability claims procedures will become more aligned with the claims and appeals procedures that govern group health plans under the Affordable Care Act. Or so we thought.” [PorterWright]

By | 2017-08-31T12:09:10+00:00 September 12th, 2017|2017 News, News|