Taft partner Patricia Beaty authored the article, “Is the Claims Administrator for Your Group Health Plan Engaging in Cross-Plan Offsetting for Its Own Benefit at the Expense of Your Employees?” which was published in the Journal of Pension Benefits, Summer 2020.
Beaty is a partner in Taft’s Employee Benefits and Executive Compensation group. She regularly counsels employers and benefit committees on fiduciary matters, best practices for plan governance and oversite as well as the avoidance of litigation. Beaty also advises employers on plan design, including new comparability or cross-tested plans, and compliance matters for all employee benefit programs, including defined benefit, cash balance, and 401(k) plans as well as executive compensation arrangements. In addition, she counsels employers on defined benefit plan de-risking and plan termination, PBM arrangements, Specialty Drug issues, HIPAA, Medicare Secondary Payer rule, Wellness Plans, Mental Health Parity, COBRA, VEBA, HRAs, HSAs, and all related tax issues. She represents clients in inquiries and audits by the IRS and the Department of Labor and assists clients with the correction of both plan document and operational failures under the IRS correction program as well as fiduciary matters under the Department of Labor fiduciary correction program.