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State Regulation Barring Grants of Discretion to ERISA Plan Administrators Sustained
Health Plan Law
[Guidance Overview] Feb. 29, 2008
Excerpt: Note: This holding affects the fundamental operation of ERISA plans and, as such, is a remarkable outcome. If state insurance departments can by fiat remove the advantage conferred by grants of discretion to the plan administrator, the standard of review in an enormous number of ERISA cases could be altered in short order.
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