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Arbitration & DOL Claims Procedures


Guest Benefitsrock
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Guest Benefitsrock

Help! I understand that health and disability plans may require arbitration (non-binding) as 1 of the 2 levels of appeals and may use mandatory arbitration (binding) on additional appeal on a voluntary basis. However, what about other plans (eg, pension, top hat)?

Do these same rules apply, that is non-binding arbitration is allowed as 1 of the 2 levels of appeals and mandatory, binding arbitration is allowed but only if the plan offers it as a voluntary appeal and the claimant agrees to it?

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  • 4 weeks later...
Guest Benefitsrock
Help! I understand that health and disability plans may require arbitration (non-binding) as 1 of the 2 levels of appeals and may use mandatory arbitration (binding) on additional appeal on a voluntary basis. However, what about other plans (eg, pension, top hat)?

Do these same rules apply, that is non-binding arbitration is allowed as 1 of the 2 levels of appeals and mandatory, binding arbitration is allowed but only if the plan offers it as a voluntary appeal and the claimant agrees to it?

Can someone just share their thoughts with me? I'm at a loss! Thanks!

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  • 4 years later...
Guest Benefitsrock
This has come up again. Health and disability plans can require arbitration (non-binding) as 1 of the 2 levels of appeals and can use mandatory arbitration (binding) as additional appeal on a voluntary basis. However, what about other plans (eg, pension, top hat)?

Do these same rules apply, that is non-binding arbitration is allowed as 1 of the 2 levels of appeals and mandatory, binding arbitration is allowed but only if the plan offers it as a voluntary appeal and the claimant agrees to it?
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