Posts by Jed Cohen

Webinar: Cupid’s Guide to Fiduciary Compliance

Get ready to “fall in love” with fiduciary duties this Valentine’s Day in our exclusive webinar! Join us for a dynamic session where our panel will unravel the latest legislation and regulations impacting employer-sponsored health benefit plans. Discover actionable insights on reducing liability and achieving compliance, empowering employers with the knowledge they need to navigate... Read More...

Breaking News: Johnson & Johnson Sued for Fiduciary Breach

Today, attorneys filed a first-of-its-kind class-action lawsuit alleging an employer had breached its fiduciary duties surrounding its health benefits plan. Lewandowski v. Johnson & Johnson lays out a detailed case, focusing on the cost of prescription drugs available through the plan. The filing repeatedly compares the prices of prescription drugs purchased without insurance to the... Read More...

Join us in Maryland at Wealth@Wor(k)!

The FIAB team will be leading a session on Fiduciary Duties on Health Benefit Plans titled: Put the Big “F” In a Box Monday, October 16, 2023 Directed at Retirement Consultants, we’ll discuss using your fiduciary skills to help employers with their health care plans. Under the CAA 2021, employers now have new Fiduciary liabilities,... Read More...

Health Benefit Liability: Schlichter Class Action Lawsuits

In the world of employee benefits, a seismic shift is underway, and it’s causing tremors of concern for some of America’s biggest companies. Law firm Schlichter Bogard, renowned for its pioneering work in retirement plan litigation, has set its sights on a new frontier: employer-sponsored health benefit plans. Schlichter’s current ads soliciting participants for class-action... Read More...

Join us in Houston at Health Benefits Nation!

The FIAB team will be opening the Health Benefits Nation conference with Deep-Dive Workshop: Employer Fiduciary Training Tuesday, September 26, 9am – 1pm (lunch is included for all participants!)The Royal Sonesta Houston GalleriaHouston, TX Click here to register! Click here to schedule your demo of FIAB! Several lawsuits have been filed over the past few... Read More...

Employers Beware: Fiduciary Risks Under the Consolidated Appropriations Act

REGULATORY COMPLIANCEThat next wave of fiduciary litigation seems to be expanding, based on social media outreach by the law firm of Schlichter Bogard. The litigation’s basis is found in the provisions of the innocuously labeled Consolidated Appropriations Act of 2021 (CAA)—provisions said by some to be “the most significant compliance challenge employers have faced since... Read More...

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