Litigation trend puts health plan fiduciaries on notice
A new wave of ERISA litigation is targeting health and welfare plans, alleging fiduciary breaches over inflated prescription drug costs and mismanaged vendor contracts. With high-profile lawsuits filed against several large employers, no plan sponsor is immune.
This growing risk makes it critical to strengthen governance, review vendor relationships, and secure fiduciary liability insurance to protect both organizations and individual fiduciaries.
Bringing together expertise from both our People Solutions and Professional & Executive Risk teams, this latest article dives into what’s driving this litigation trend, who’s at risk, and how employers can proactively manage their exposure.
