On Jan. 5, 2018, the Department of Labor (DOL) announced that, effective April 1, 2018, employee benefit plans must comply with new requirements for disability benefit claims.
ERISA plans that include disability benefits must comply with the new procedural protections, effective for claims that are submitted after April 1, 2018. Entities that administer disability benefit claims, including issuers and third-party administrators, will need to revise their claims procedures to comply with the final rule.
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Ann Poland, MJ's Director of Compliance oversees all compliance and regulatory requirements for the firm. She is responsible for proactively identifying, evaluating, reporting, reviewing and communicating regulatory requirements to our clients and team.