Health and Welfare Plan Administrative Services Agreements: Negotiating, Drafting, and Monitoring Agreements
Guidance for Counsel to Employers and Third-Party Service Providers
Recording of a 90-minute premium CLE webinar with Q&A
This CLE course will prepare employee benefits counsel to advise employers and third-party service providers on negotiating and drafting administrative services agreements for health and welfare plans. The panel will discuss practical legal and business considerations, ERISA fiduciary issues, critical terms and provisions to minimize liability and risks, and best practices in selecting, contracting, and monitoring third-party providers.
Outline
- Selecting third-party providers
- Negotiating administrative services agreement terms
- Services needed by plan sponsors
- ERISA fiduciary issues
- Common contracting terms
- Allocation of risk/liability and provisions for termination
- Monitoring third-party performance
Benefits
The panel will review these and other key issues:
- What factors should counsel consider when selecting third-party providers to administer health and welfare benefit plans?
- What key terms should be included in administrative services agreements?
- Additional negotiating issues raised by ERISA and practical business concerns
Faculty
Timothy R. (Tim) Brown
Partner
Thompson Hine
Mr. Brown is a member of Thompson Hine's Executive Committee and the former practice group leader of the firm's... | Read More
Mr. Brown is a member of Thompson Hine's Executive Committee and the former practice group leader of the firm's Employee Benefits & Executive Compensation practice group. He focuses his practice on employee benefits, executive compensation and ERISA.
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Todd B. Castleton
Counsel
Kilpatrick Townsend & Stockton
Mr. Castleton’s practice focuses on the compliance and administration of qualified defined contribution and... | Read More
Mr. Castleton’s practice focuses on the compliance and administration of qualified defined contribution and defined benefit retirement plans, nonqualified deferred compensation arrangements, and health and welfare plans. He partners with clients to create solutions for effective and efficient employee benefit plan administration, maintain the plans’ tax-preferred status under the IRC, comply with Titles I, II, and IV of ERISA, and implement the requirements of the Affordable Care Act.
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Andrew L. Oringer
Partner
Dechert
Mr. Oringer is co-chair of his firm's ERISA and Executive Compensation group, and leads the firm’s... | Read More
Mr. Oringer is co-chair of his firm's ERISA and Executive Compensation group, and leads the firm’s national fiduciary practice in New York. He counsels clients on their employee benefit plans and programs, benefits-related tax matters and fiduciary issues arising in connection with the investment of employee benefit plan assets. His practice includes advising clients regarding ERISA and employee benefits generally, including 401(k) and other retirement plans as well as medical and other welfare plans. His advice to clients encompasses all aspects of corporate transactions and initial public offerings in which benefits and compensation issues play a central part.
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