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Supreme Court's McCutchen Decision Is Good News for Health Plan Sponsors
Faegre Baker Daniels LLP Apr. 18, 2013 "A well-drafted provision should address first-dollar recovery, whether the plan is going to share in the legal fees incurred in pursuing the recovery, and many other issues.... [P]lan sponsors should keep in mind the reality that a completely one-sided reimbursement provision will give a participant (and the participant's attorney) little incentive to bring a lawsuit against a third party which, in turn, will mean no reimbursement for the plan." |
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