Marguerite Mumm v. Life Insurance Company of North America

Minneapolis, Minnesota E.R.I.S.A employee benefits lawyer represented the Plaintiff.

The Employee Retirement Income Security Act (ERISA) is a federal law that regulates employee benefit plans, including retirement, health, disability, and life insurance plans. ERISA establishes minimum standards for plans, protects participants, and requires employers to provide certain information to employees.

Here are some of the key provisions of ERISA:



Plan information



Employers must provide employees with information about their benefit plans, including funding, coverage, costs, and how to obtain benefits.



Fiduciary responsibilities



ERISA establishes fiduciary responsibilities for those who manage plan assets. Plan participants can sue plan fiduciaries if they engage in prohibited conduct or mismanage the plan.



Grievance and appeals process



ERISA requires plans to establish a process for participants to appeal benefit denials.



Survivor benefits



If a defined benefit plan is terminated, the Pension Benefit Guaranty Corporation (PBGC) guarantees payment of certain benefits.



Health Insurance Portability and Accountability Act (HIPAA)



HIPAA is a key provision of ERISA that gives participants special enrollment rights to modify or enroll in their health plan coverage outside of the usual enrollment periods.



Reporting and disclosure



Employers must submit reports to the federal government and provide employees with information about their benefit plans

Settled and dismissed with prejudice.