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New Disability Claims Procedures Take Effect April 2, 2018
Verrill Dana LLP Link to more items from this source
[Guidance Overview]
Mar. 16, 2018

"Plan sponsors should start by identifying which of their ERISA plans allow for an exercise of discretion by a claims administrator in determining the disability status of a participant.... [It] is this exercise of discretion -- rather than the application of an impartial, objective standard -- that implicates the Final Rule. Accordingly, claims under a health plan, a long- or short-term disability plan, or even a retirement plan could be affected."

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