are punitive damages available under ERISA

Congress instituted the Employee Retirement Income Security Act of 1974 (ERISA) to protect the value of employee benefit programs. ERISA provides plan administrators with a standard of conduct they must follow when handling plan funds, reporting information to the government, and notifying participants of the plan’s terms and status. ERISA enables a federal pathway for […]

ERISA Fines

The Employee Retirement Income Security Act of 1974 (ERISA) establishes conduct standards, responsibility, and fiduciary obligations for employee benefit plan administrators. When an employer or administrator fails to meet ERISA’s minimum requirements, the law authorizes lawsuits in federal court, monetary remedies, and sanctions.  The Employee Benefits Security Administration (EBSA) is responsible for enforcing ERISA. In […]

ERISA Subrogation

Americans paid $2,194,625 for personal health care in 2010. In that same year, private health insurance companies spent $849 billion and recovered an estimated $1.7 billion to $2.5 billion through subrogation. If you have filed a lawsuit against someone who injured you, and you received health benefits from a private employer, your health insurance company […]

back injury car accident

Unfortunately, car accidents cause a significant amount of injuries to drivers every year. In 2019, 4.5 million people sustained injuries in car accidents that required medical attention. These injuries add up to a staggering $463 billion of damage to society per year. Some injuries have more severe consequences than others. Back injuries represent some of […]