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Message: From GoLocalWorcester by Rob Calise, GoLocalWorcester Business/Health Expert: The U.S. Department of Labor (DOL) recently announced that final regulations updating the process requirements for claims involving disability benefit determinations will take effect on April 2, 2018. These new rules require all ERISA-governed plans that provide disability benefits to make significant modifications to the way disability benefits claims are reviewed and decided. The final regulations cover employer-sponsored short- and long-term disability plans (STD and LTD), as well as retirement plans providing disability benefits where the plan fiduciary, rather than the disability insurer or a third party, make the determination of disability. http://www.golocalworcester.com/business/smart-benefits-new-disability-claims-procedure-in-effect-today
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