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Article: Client Alert: Supreme Court Comes Down With "Combination-Of-Factors" Method Of Review.
- Article from:
- Mondaq Business Briefing
- Article date:
- September 29, 2008
CopyrightCOPYRIGHT 2008 Mondaq Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Supreme Court Addresses Review Of Conflicted ERISA Claims Administrator's Decision
In Metropolitan Life Ins. Co. v. Glenn, __U.S.__(2008), 2008 U.S. LEXIS 5053 (June 19, 2008), the Supreme Court addressed two important and closely-related related issues involving the situation in which a plan administrator who also funds plan benefits decides claims appeals under an ERISA plan. The case involved a plan administrator - Metropolitan Life, which insured benefits under Sears Roebuck's long-term disability insurance plan - that was vested with discretionary authority to decide such appeals. The first issue is whether this dual role creates a conflict of interest. This ...