The Employee Retirement Income Security Act (ERISA)is a federal law that governs employer-provided insurance plans. One of the key provisions of ERISA is that you have the right to appeal a denied claim for benefits under the plan. However, not all appeals sail...

An advantage of having employer-sponsored insurance policies is that you can typically get them for far less than it would cost to get your own. This is particularly true when it comes to disability policies.  It can be reassuring to know that you have a long-term...

Many employees take certain benefits for granted, not realizing that their employer or other business could defraud them. The government has many laws in place to reduce the likelihood of people becoming indigent because of lies or misconduct by businesses. The...

An insurance policy covered by the 1974 Employee Retirement Income Security Act (ERISA) gives you certain rights. The insurer must handle your claim in accordance with those rights. That does not mean they will.  Every year, many employees who believed taking out...

Disability benefits are an important safety net that many people ignore until they need. Some people don't have any disability coverage protecting them other than benefits possibly available through the Social Security Administration. Every worker in the country has...

Claim denial can be a difficult thing to face, but it's not necessarily the final decision. It's important to understand your rights as a beneficiary so that you can take the appropriate actions to get your claim accepted. About ERISA ERISA, the Employee Retirement...

Many health plans in the private sector are under the umbrella of the Employee Retirement Income Security Act, or ERISA, which is a federal tax and labor law. It originally outlined the minimum standards for private industry pension plans. Today, ERISA is a major...

Group disability coverage typically falls under the ERISA umbrella if the conditions fit the criteria. Plans come with tried and true guidelines but the impact of the Colorado court can mold how claims get interpreted. What is ERISA? A federal law enacted in 1974, the...

Many Colorado businesses choose to provide their employees with a self-funded insurance plan. Unlike traditional insurance plans where employers pay the insurance company a premium, a self-funded plan requires the employer to pay for the benefits themselves. These...

Many employers in Colorado provide disability insurance for their employees. If the plan falls within the definition of “retirement plan” under the Employee Retirement Income Security Act (ERISA), the people who are responsible for administering the plan must abide by...