CHEATED BY YOUR INSURANCE PLAN?
Austin ERISA Attorney Stephen G. Nagle Can Hold Your Employer And Your Insurer Accountable
While ERISA governs employee benefit plans and sets forth laws employers and insurance companies must follow with regard to these plans, many people are surprised to discover that they cannot sue their disability insurance providers for insurance bad faith under ERISA.
Employers and insurers do have certain duties under ERISA , however. If employers or insurance companies neglect their duties under ERISA, employees can seek to hold them accountable for plan losses that result. Examples of common ERISA violations include:
- Delaying payments
- Refusing to pay claims
- Failing to investigate claims
- Failing to properly value plan assets at their current fair market value
- Failing to hold plan assets in trust
- Failing to follow the terms of the plan
- Failing to properly select and monitor service providers
- Taking any adverse action against an individual for exercising his or her rights under plan (e.g., being fired, fined, or otherwise being discriminated against)
If you are unsure whether your employer has committed an ERISA violation, gather as much information about your plan as possible and bring it to the attention of Austin ERISA lawyer Stephen G. Nagle. Mr. Nagle has experience handling ERISA appeals and ERISA court cases, and he can determine whether your provider has committed any of the above violations. But remember: ERISA claims are time-sensitive, so do not wait until the last minute to start the process. Contact Austin ERISA attorney Stephen G. Nagle as soon as possible.