Protecting Employees In ERISA Disputes
Employers who offer 401(k) plans must follow federal regulations regarding those plans and your retirement benefits are protected by those laws. If you believe your employer has not paid you the retirement benefits you are due, our experienced ERISA attorneys at Davey & Goldman Law Firm in Madison can advocate on your behalf.
What Is ERISA?
The Employment Retirement Income Security Act of 1974 (ERISA) protects employees from breaches of fiduciary responsibilities, denial of benefits, or failure to provide adequate disclosures of plan terms and/or benefit changes with both employer provided health insurance plans and retirement benefits. Additionally, ERISA protects your right to coverage for medical procedures through your employer-sponsored health insurance plans.
With regard to retirement benefits, ERISA protects you from employers or plan administrators who make poor investment choices. This is particularly problematic when employers engage in risky or illegal business or accounting practices, or mislead investors and employees. These types of employer choices can result in huge losses to your retirement funds. You have a right to sue the fiduciaries who allowed this to happen to you. Essentially, you can hold your employer accountable for these losses. For health insurance plans you are entitled to the benefit of any ambiguity in your health insurance plan regarding coverage decisions.
Using The Law To Make Changes For The Better
The employment law attorneys at Davey & Goldman Law Firm have been named as the attorney of record for some of the leading ERISA cases. Most recently, attorney Lisa Goldman won a breach of fiduciary duty case before the U.S. Court of Appeals for the 7th Circuit in a case involving a health insurer’s obligations to its participants. Her work on that case brought network-wide changes to Dean Health Plan’s policies and procedures so that you are better protected from arbitrary denials of payment for health services you received.
Schedule A Free Consultation
If you believe your health insurance covered the care you received but the company has refused to pay for it, give us a call. If you believe that your employer is in breach of their fiduciary duties with respect to your 401 (k) plan, we can help. If you are ready to speak with an attorney at Davey & Goldman Law Firm about your possible ERISA claims, call us at 608-490-8149, or submit an email through our contact form to schedule your free initial consultation.