22nd Annual National Institute on Health and Welfare Benefit Plans

Jonathan Rose was a feature panelist during the session, "Managing Your Health and Welfare Benefit Plans Prudently: Fiduciary Concerns," at this conference sponsored by the American Bar Association Joint Committee on Employee Benefits. Although most plan sponsors think the majority of activities they perform regarding their health plan issues involve settlor functions, a number of fiduciary issues also may be involved. As a threshold matter, this session focused on where the line between settlor and fiduciary functions may be drawn. In addition, other potential fiduciary issues may need to be considered, such as the following: the vendor through which to offer benefits, to what extent does the financial ability of the employer affect the prudence of that choice, and how should vendor activities be monitored when functions are outsourced? The panel included references to the ABA Model Rules of Professional Conduct, including competence and conflict issues (Rule 1.1 and Rule 1.7).

October 31 - November 1, 2011
The Westin Washington DC Center / Washington, DC