Aetna Unit, Benefits Co. Hit With ERISA Suit From Eparchy
Law360 (April 27, 2018, 6:14 PM EDT) -- An Aetna Inc. unit and an employee benefits company wrongly started a self-insured health plan with money from a Byzantine Catholic eparchy in Phoenix that believed it was paying premiums to secure insurance products for its workers, the eparchy alleged on Thursday in Arizona federal court.
The Byzantine Catholic Eparchy of Phoenix said in its complaint that Aetna-owned Meritain Health Inc. and Ohio-based Employee Benefits Services Inc., or EBS, flouted their fiduciary duty under the Employee Retirement Income Security Act by using assets meant to pay insurance premiums for the eparchy's roughly 21 employees to pay for expenses and fees, among...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!