Help! I understand that health and disability plans may require arbitration (non-binding) as 1 of the 2 levels of appeals and may use mandatory arbitration (binding) on additional appeal on a voluntary basis. However, what about other plans (eg, pension, top hat)?
Do these same rules apply, that is non-binding arbitration is allowed as 1 of the 2 levels of appeals and mandatory, binding arbitration is allowed but only if the plan offers it as a voluntary appeal and the claimant agrees to it?
Full Version: Arbitration & DOL Claims Procedures
QUOTE (Benefitsrock @ Jun 12 2008, 11:41 AM) 
Help! I understand that health and disability plans may require arbitration (non-binding) as 1 of the 2 levels of appeals and may use mandatory arbitration (binding) on additional appeal on a voluntary basis. However, what about other plans (eg, pension, top hat)?
Do these same rules apply, that is non-binding arbitration is allowed as 1 of the 2 levels of appeals and mandatory, binding arbitration is allowed but only if the plan offers it as a voluntary appeal and the claimant agrees to it?
Do these same rules apply, that is non-binding arbitration is allowed as 1 of the 2 levels of appeals and mandatory, binding arbitration is allowed but only if the plan offers it as a voluntary appeal and the claimant agrees to it?
Can someone just share their thoughts with me? I'm at a loss! Thanks!
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