Can a plan s voluntary level of appeal include binding arbitration as a form of benefit dispute resolution?
Yes. Provided that a plan s claims procedure otherwise complies with the conditions of the regulation applicable to voluntary levels of appeal, there is nothing in the regulation that would preclude a plan from using binding arbitration or any other method of dispute resolution. See ยง 2560.503-1(c)(3). Also see 65 FR at 70253.
Related Questions
- Under what circumstances may a plan afford claimants the ability to appeal their benefit claim beyond the review level required by the regulation?
- Can a plan s voluntary level of appeal include binding arbitration as a form of benefit dispute resolution?
- Can a plans voluntary level of appeal include binding arbitration as a form of benefit dispute resolution?
