ERISA fee litigation drove significant reforms in 401(k) plans, but adapting that legal model to employer health plans presents distinct challenges due to substantial differences in plan structure, regulation, and service provider markets.
The Center on Health Insurance Reforms (CHIR) walks readers through these distinctions in a new explainer: Retirement vs. Health Plan Fee Litigation: One Model Doesn’t Fit All. This new resource:
- Breaks down key differences between health and retirement plans under ERISA
- Highlights the obstacles health plan participants face in court
- Explores alternative litigation strategies and policy solutions to lower plan spending.
Read the full resource here.
