Benefits Administration
ERISA Fiduciary Duties for Self-Funded Plans
Employers sponsoring self-funded plans now face the same fiduciary scrutiny as retirement plans.
Renata Osei-Mensah
· 11 min read
Employers sponsoring self-funded plans now face the same fiduciary scrutiny as retirement plans.
Catastrophic claims are surging, forcing plan sponsors to rethink their risk transfer strategy.
The Supreme Court upheld the mandate but gave the Secretary unprecedented power to reshape it.