v Our objective is to stay within the boundaries and protections of ERISA and away from the arbitrary, and frequently abusive, provider billing practices. TOP Q: What are the implications of not reviewing medical bills?
• Economic Plans simply cannot continue to pay inflated bills (see Chester County example). • Legal – ERISA mandates that plan assets be spent in a prudent manner. Fiduciaries that pay inflated bills are not acting as good stewards of the plan assets and could be breaching their fiduciary obligation under ERISA.
Related Questions
- v Our objective is to stay within the boundaries and protections of ERISA and away from the arbitrary, and frequently abusive, provider billing practices. TOP Q: What are the implications of not reviewing medical bills?
- I normally stay away from eating grains. Can I skip the second phase of the Nourishment Cleanse and go to the third?
- Since politics is seen as "dirty", should not Catholic leaders stay away from politics?
