Description
Section 503 of ERISA requires employee benefit plans to establish claims procedures that will provide participants and beneficiaries written notice of any denial of benefits and the opportunity for a full and fair review of the denial. Failure to do so can result in lawsuits, penalties, and a stricter standard upon judicial review.
Benefits counsel and plan sponsors must abide by the DOL regulations and ERISA requirements. Implementing claims procedures can limit liability under Section 502(a) and increase the likelihood a court will uphold claim denial challenges.
Listen as our panel provides techniques for crafting and implementing claims procedures in accord with Section 503 and DOL regulations to minimize liability and ensure compliance.
Presented By
Mr. Eicher's practice focuses on all aspects of the firm’s representation of employee benefit plans under ERISA. Mr. Eicher received his law degree from Georgetown University Law Center. He served as a Senior Articles Editor for the Georgetown Journal of Law and Public Policy, which published his note on faith-based prison rehabilitation programs. He graduated, with high honors, from Princeton University, where he received an A.B. in Classics.
Ms. Watson focuses on ERISA and employee benefits. She concentrates on a wide array of areas including, pension and profit sharing plans, health and welfare benefit plans, including COBRA, HIPAA and the Affordable Care Act, ERISA fiduciary decision-making, Employee Stock Ownership Plans, benefits litigation backup, benefits aspects of mergers and acquisitions, employee benefits aspects of family law, labor laws affecting employee benefits, other employee benefits and deferred Compensation, and employee benefit disputes and employee benefits claims.
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This 90-minute webinar is eligible in most states for 1.5 CLE credits.
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Date + Time
- event
Wednesday, June 27, 2018
- schedule
1:00 PM E.T.
- Claims procedure requirements under ERISA Section 503
- Impact of DOL final rule on disability claims procedures
- DOL regulation §2560.503-1(l) and lawsuits under Section 502(a)
- Tips for drafting and implementing ERISA compliant claims procedures
The panel will review these and other critical issues:
- Understanding the requirements of plan claims procedures under ERISA Section 503
- Filing limitations in plan documents and required SPD disclosures
- Drafting effective denial of claim and appeal notices
- Complying with all DOL claims procedure regulations
- DOL Regulation §2560.503-1(l) and understanding court review standards for lawsuits to recover benefits
- Reviewing and amending plan documents to minimize Section 502(a) lawsuits
