"The lawsuit alleges that the plan's fiduciaries violated ERISA and breached their fiduciary duties by offering employees a medical plan option that provided insufficient value compared to an alternative option offered to employees. The plaintiffs allege that the 'premium' plan option -- which charges higher premiums in exchange for lower deductibles and cost sharing -- is financially dominated by the 'value' plan option because the lower cost sharing does not sufficiently outweigh the higher premium." [Barbich, Lindvall & McFarland v. Northwestern Univ., No. 25‑06849 (N.D. Ill. complaint filed June 20, 2025)  MORE >>