The Employee Retirement Income Security Act
The Employment Retirement Income Security Act, or ERISA, was passed in 1974 to regulate the private industry of voluntarily established pension and health plans. Even these private entities are required to keep their recipients informed of the features, funding, coverage, and benefits to which they are entitled.
Additionally, ERISA gives participants in private pension and health plans the right to sue for their deserved coverage and the fiduciary duty that the company must provide. Sometimes, in the face of an expensive injury or long-term disability, a private pension or health plan provider may refuse to provide the help you need. To help you fight for your rights, contact the Indiana ERISA lawyers of Hankey Law Office, today by calling (800) 520-3633.
How ERISA Can Help You
The important fact about ERISA is that it requires the private pension and health plan industry to provide you with an organized process by which you can present grievances and appeals. Additionally, it allows you to bring your private health and pension plan provider to the attention of the proper authorities so that you can receive what you deserve.
Programs Not Covered by ERISA
ERISA primarily regulates private pension and health plans. Before you choose the right plan for you, you should know that there are several entities not covered by ERISA, which can result in the lack of regulation of your provider. These areas not covered by ERISA include:
- Group plans established or maintained by government entities
- Church plans provided for their employees
- Plans maintained outside the U.S.
- Unfunded benefit programs
Living with a long-term disability is hard enough without having to worry whether or not your health policy will help you pay for your care, as determined by your policy. For a lawyer who can help you earn what you deserve, contact Indiana long-term disability attorney Charles D. Hankey today at (800) 520-3633.