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Managing Director - Operations, Benefits Daybright Financial
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Southern Pension Services
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Anchor 3(16) Fiduciary Solutions
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BPAS
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Cash Balance/ Defined Benefit Plan Administrator Steidle Pension Solutions, LLC
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July Business Services
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BPAS
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Retirement Relationship Manager MAP Retirement
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ESOP Administration Consultant Blue Ridge Associates
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Retirement Plan Administration Consultant Blue Ridge Associates
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Regional Vice President, Sales MAP Retirement USA LLC
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Relationship Manager for Defined Benefit/Cash Balance Plans Daybright Financial
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Pentegra
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Retirement Plan Consultants
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MAP Retirement
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“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
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Search the News Archive
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15 Matching News Items |
| 1. |
Bloomberg Law; subscription required
Apr. 2, 2025
"The law's 'any-willing-provider' requirement -- which limits a plan's ability to exclude pharmacies from its network -- has an 'impermissible connection' with benefit plans governed by [ERISA], [the district court judge] said ... because it dictates the scope of provider networks eliminates plans' 'discretion to shape benefits as they see fit'[.]" [McKee Foods Corporation v. BFP Inc., No. 21-0279 (E.D. Tenn. Mar. 31, 2025)]
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| 2. |
Bloomberg; subscription required
Aug. 25, 2011
BNA, which publishes the Daily Labor Report and U.S. Law Week, will 'significantly grow Bloomberg's presence in Washington' and its research will contribute to coverage and analysis of employment, health care, labor, accounting, intellectual property and telecommunications, Bloomberg said.
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| 3. |
Bloomberg Law; subscription required
May 13, 2025
"Workers seeking denied benefits from ERISA-covered plans typically must show they've first raised the issue through the plan's internal appeals process before filing suit.... [C]ourts within the Eleventh Circuit also extend this requirement to plaintiffs alleging statutory violations of ERISA.... [Judge Adalberto Jordan] was quick to provide a roadmap for elevating the issue to the Supreme Court or the full Eleventh Circuit[.]" [Bolton v. Inland Fresh Seafood Corp. of Am., Inc., No. 22-4602 (N.D. Ga. Dec. 5, 2023; on appeal to 11th Cir. No. 24-10084, argued May 13, 2025.]
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| 4. |
Bloomberg Law; subscription required
May 12, 2025
"The Trump administration is requesting a D.C. federal court pause an employer group's lawsuit over a Biden-era rule to strengthen mental health coverage as it considers modifying or rescinding the policy." [ERIC v. HHS, No. 25-0136 (D.D.C. complaint filed Jan. 17, 2025; HHS motion for abeyance filed May 12, 2025)]
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| 5. |
Bloomberg Law; subscription required
Dec. 13, 2024
"UnitedHealth Group Inc. agreed to pay $69 million to settle a class action challenging the use of Wells Fargo & Co. target date funds in its $15 billion 401(k) plan. The deal is 'the largest-ever ERISA settlement alleging breach of fiduciary duty for failure to remove underperforming investment options,' according to a motion ... seeking its approval." [Snyder v. UnitedHealth Group, No. 21-1049 (D. Minn. proposed settlement filed Dec. 13, 2024)]
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| 6. |
Bloomberg Law; subscription required
June 13, 2024
"Argent Trust Co. convinced the Seventh Circuit to hear an immediate appeal of a decision allowing an employee stock ownership plan participant to seek plan-wide relief for an allegedly improper transaction, despite being denied class status.... The decision flouted federal class action rules and marked the first time a 'conflicted plaintiff' has been allowed to bring representative claims on behalf of a plan, Argent said." [Argent Trust Co. v. Lysengen, No. 24-8016 (7th Cir. Jun. 13, 2024)]
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| 7. |
Bloomberg Law; subscription required
May 28, 2024
"Qualcomm Inc. must defend how it manages 401(k) assets forfeited by former employees, a California federal judge said in the first substantial decision addressing a new series of ERISA cases targeting several large companies." [Perez-Cruet v. Qualcomm Inc., No. 23-1890 (S.D. Calif. May 24, 2024)]
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| 8. |
Bloomberg; subscription required
Oct. 26, 2010
Excerpt: The U.S. is weighing whether to allow employers to avoid the requirements, even with a new insurer, as long as benefit levels stay the same[.]
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| 9. |
Bloomberg; subscription required
Dec. 30, 2010
"If the health-care law is killed by the courts or Congress, its opponents will celebrate a Pyrrhic victory. They'll defeat something they don't like, but leave us all in the lurch -- at risk of losing our lives or our shirts if we get sick while uninsured. Defeating the new health-care law can represent a real victory only if we replace it and our entire health-care system with something that insures us all at reasonable cost. The Medical Security System, which I proposed in my 2007 book, 'The Healthcare Fix,' is what's needed."
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| 10. |
Bloomberg; subscription required
June 17, 2021
"New York's pending bill will provide an early signal of how willing states are to take on PBMs and other health-care businesses since the Supreme Court ruling. Widening states' power to regulate medical costs or incentives could embolden lawmakers to test new approaches that ERISA might have blocked before."
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