Consumer Appeal Rights Enforcement Act amends ERISA to enhance enforcement of claims and appeals.
The Consumer Appeal Rights Enforcement Act amends the Employee Retirement Income Security Act of 1974 to strengthen enforcement of claims and appeals. It introduces additional penalties for violations of claims procedures and external review requirements, including separate penalties for global and individual violations. The Secretary of Labor can assess penalties for global violations up to $1,000 per participant or beneficiary per plan year, and for individual violations up to $1,000 per day.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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