“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|3rd Circuit Court Says Stricter Standard Needed in Kosiba v. Merck & Co. ERISA Case|
The Legal Intelligencer via Law.com
Sept. 14, 2004
Excerpt: In its June 2000 decision in Pinto v. Reliance Standard Life Insurance Co., the 3rd U.S. Circuit Court of Appeals ruled that 'heightened scrutiny' is required when an insurance company both funds and administers an ERISA benefits plan since the combination of such fiduciary and non-fiduciary roles creates an inherent conflict of interest.
|Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).|
|An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).|