erisa
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Latest blogosphere posts tagged “erisa”
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Reid Maneuvers to Pass Reform Bill
Passion for Subro —
Authority: 133
Changes expected as offstage dealings take shape in Senateby Jerry GeiselWASHINGTON—Health care reform legislation has moved to the Senate floor, but the most significant activity is happening behind closed doors.The Senate last week opened debate on a reform bill put together by Majority Leader Harry Reid, D-Nev., ...1 week ago -
Employer’s Hand-Delivery Process for Distributing SPDs Was Sufficient Under ERISA
Passion for Subro —
Authority: 133
Davis v. AK Steel Corp., 2009 WL 3853608 (W.D. Pa. 2009)The trial court in this case found that an employer’s SPD hand-delivery process satisfied DOL regulations, which require that the process be reasonably calculated to ensure that recipients receive SPDs and likely to result in full distribution. The employer had ...1 week ago -
Lee v. Liberty Nat’l Life Ins. Co., 2009 WL 3316371 (S.D. Ga. 2009)
Passion for Subro —
Authority: 133
An employee’s spouse sued the insurer of her cancer insurance policy in state court after it refused to pay for medical treatment she had received. The insurer removed the case to federal court, arguing that her claim was preempted by ERISA. The spouse argued that the case belonged in state court because the policy ...1 week ago -
Democrats Actually Voting To Raid Medicare To Fund ObamaCare
Start Thinking Right —
Authority: 471
If you are a senior and like your Medicare, then you are a pure idiot for voting Democrat, that’s all I can say. Medicare cuts focus of Senate health care debate By ERICA WERNER, Associated Press Writer Erica Werner, Associated Press Writer WASHINGTON – Senate Republicans forced Democrats to vote in favor ...1 week ago -
Merck, Shareholders And Vioxx Fraud In 2001
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Authority: 133
I was forwarded this story from my friend Joanne Bloom at RBS Re.So can Merck have it both ways? For years, the drugmaker has argued there was no evidence to suggest that Vioxx was causing heart attacks and strokes before its September 2004 withdrawal. As recently as last month, Merck dismissed a new analysis in the ...2 weeks ago -
Firms need to prepare for more ERISA lawsuits: Panel PLUS conference panel says this route increasingly popular
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Authority: 133
Zack PhillipsCHICAGO—Investment firms, retirement plan operators and their insurers should brace for more lawsuits filed under the Employee Retirement Income Security Act, experts say.Filing litigation under ERISA is an increasingly popular route for plaintiffs, according to several attorneys and others on a panel ...2 weeks ago -
Tax Strategy: Deferred Compensation [How to Make It Work]
Accounting-financial-tax.com offers bookkeeping journal entry basic accounting financial accounting management accounting tax accounting cash management accounting cost accounting financial ratio budget forecasting —
Authority: 129
There are a variety of deferred compensation plans used by employers who attempt to lock in their employees as far into the future as possible. Under any of these plans, an employee’s tax objective is to only pay a tax when the compensation is actually received, while the employer wants to receive a full expense ...2 weeks ago -
Insuring health for unmarried couples
fresh healthy body —
Authority: 452
Companies sometimes offer insurance coverage to the spouses of their employers. This, unfortunately, doesn’t mean the unmarried partner of a co-worker can get coverage as well. There is such a document as Retirement Income Security Act (ERISA) under which the employers are not required to grant health insurance ...2 weeks ago -
Facebook Photos Prompt Termination of Long Term Disability Benefits
Employer Law Report —
Authority: 480
CBC News in Canada is reporting that a Canadian long-term disability insurance carrier recently terminated the long-term disability benefits a Quebec woman was receiving for "major depression" after photos she posted on her Facebook page showed her "having a good time at a Chippendales bar show, at her birthday ...3 weeks ago -
Fiduciary Liabilities: Are You Covered?
Passion for Subro —
Authority: 133
With lawsuits piling up against pension plan sponsors, individual fiduciaries would do well to protect themselves against financial risks, experts say.Randy Myers – CFO.com | USNovember 19, 2009If you are a fiduciary for your employer’s retirement savings plan, you already know that life isn’t getting any ...3 weeks ago -
GINA Interim Final Regulations: Highlights and the Potential Impact on Group Health Plans
Employer Law Report —
Authority: 480
On October 7, 2009, the DOL, IRS, and HHS issued interim final regulations implementing Sections 101 to 103 of the Genetic Information Nondiscrimination Act of 2008 (GINA). For group health plans, these regulations become effective on the first day of the plan year beginning on or after December 7, 2009. For the ...4 weeks ago -
Check this guy’s credentials. Then, read the letter he wrote, below. WOW! What a letter!
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Authority: 133
Born St. Louis , Missouri , August 21, 1944Bar Admissions:North Carolina, 1969U.S. District Court, Eastern, Middle and Western Districts of North Carolina , 1969U.S. Tax CourtFourth Circuit Court of AppealsEducation: Wofford College , 1966A.B.Mercer University, 1969J.D.Phi Alpha DeltaVice-Justice, District XIV, 1968 ...4 weeks ago -
ANTI-SUBROGATION BILL PASSED IN NEW YORK
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Authority: 133
The bill will eliminate subrogation and reimbursement rights for fully-insured health insurance plans in New York. The actual ramifications of this new legislation will not ne known until it has been tested in trial and appellate courts have had a chance to interpret the new law and its implications.It appears that ...4 weeks ago -
Subrogation Rights Not Affected By Stop-Loss Insurance Payment
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Authority: 133
The fact that a stop-loss insurer reimbursed a plan for some of the benefits the plan does not affect the plan’s ability to seek recovery from the participant’s tort settlement with a third-party tortfeasor. A federal court in Idaho upheld that outcome, allowing the plan to assert an equitable lien. The plan was ...4 weeks ago -
ERISA Plan Documents Time Limitations Are Enforceable
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Authority: 133
MyHealthGuide Source: Employer’s Guide to Self-insuring Health Benefits, Todd Leeuwenburgh, Editor, Thompson Publishing Group. Copyright 2009. 11/13/09, www.thompson.comCases:• Salisbury v. Hartford Life and Accident Co., 2009 WL 3112411 (10th Cir., 9/30/09)• Lutz v. Philips Electronics North America Corp., 2009 ...4 weeks ago

