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Monthly Archives: January 2017

DOL Changes to ERISA Employee Disability Benefit Provision

Jan 9, 2017 in Articles by

In December, the U.S. Department of Labor (“DOL”) released its Final Rule amending the Claims Procedure rule regulating claim handling for ERISA governed disability benefits. In conjunction with the release of the Final Rule, the DOL released a Fact Sheet explaining the changes to this rule, 29 CFR 2560.503-1. Beginning in January 2018, ERISA governed plans will be required to make a number of changes to their claim handling that should be beneficial to disability claimants. Below are highlights from the fact sheet, along with an explanation of how these new rules affect you, the claimant. Improvement to Basic Disclosure […]