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Tagged ‘Welfare Plans‘

HIPAA: Update Your BAAs Now

Right now–in fact, this very minute–would be an excellent time to double-check your group health plan’s business associate agreements for compliance with the latest HIPAA privacy and security regulations. Covered entities that had written agreements with business associates in place prior to January 25, 2013 have enjoyed a grace period of deemed compliance with the most recent regulations concerning documentation of BAAs. September 22, 2014 marks the end of this transitional period. If your group health plan took advantage of this grace period, there’s still time to get your BAAs in order before the deadline runs out!

Beneficiary Designations Redux: Hall v. MetLife

Beneficiary Designation in an Employee Benefit Plan May Take Precedence Over a Designated Will Beneficiary

Here’s a perennial problem.  A participant designates a beneficiary for the proceeds of his employee benefit plan.  Life moves on and, a few years later, he decides that his worldly goods should go to a different person. But he never gets around to changing his beneficiary designation in accordance with the terms of the plan.   Even if there is a new will naming an entirely different beneficiary, the original beneficiary designation is likely to be enforced.

The latest case to illustrate this lesson is Hall v. Metropolitan Life Insurance Company, decided on May 8, 2014 by the United States Court of Appeals for the Eighth Circuit. Read More →