Are you in compliance with the new ERISA regulations?
Disability insurers and administrators of disability plans operate in a highly regulated environment, and the Department of Labor has issued new regulations controlling adjudication of disability claims by administrators that significantly deviate from past practices in the industry. The regulations impose new requirements for communicating with claimants, as well as additional substantive rules affecting the adjudication of such claims by administrators. This topic will help those charged with administering disability claims learn to comply with the new regulations. It will explain what new practices to follow, how to change past practices to become compliant with the new regulations, and the risks of non-compliance. This information is critical for administrators and employers who want to ensure they are compliant with the new regulations.
- You will be able to describe the new claims administration regulations imposed by the Department of Labor.
- You will be able to discuss how adjudication of disability benefit claims will change as a result of the regulations.
- You will be able to explain how to adjudicate disability claims and communicate determinations to claimants in a manner that satisfies the new Department of Labor regulations.
- You will be able to identify communications to claimants that comply with or instead violate current Department of Labor regulations governing disability claims.