Duty of care
Poor benefits plan maintenance—regardless of size or industry—causes a litany of problems that adversely affect members and employers alike. Consider the instance when member claims are paid incorrectly or outright denied because of inaccurate information provided to the insurance carrier. A sponsor can be left responsible for thousands of dollars in claims if a terminated employee is not removed from a plan in a timely manner.
- May 1, 2013 September 13, 2019
- 07:00