ERISA Ruling Shows Lax Enrollment Practices Can Be Costly
By Mark DeBofsky ( May 19, 2022, 4:01 PM EDT) -- A life insurance decision issued by the U.S. Court of Appeals for the Eighth Circuit may be summed up by quoting a single sentence from the opinion: "Misleading an [Employee Retirement Income Security Act]-plan participant has consequences." Skelton v. Reliance Standard Life Insurance Co.[1] teaches how lax benefit enrollment practices can be costly....
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