High Court: Plan Terms Govern ERISA Reimbursement Action Based On Equitable Lien

High Court: Plan Terms Govern ERISA Reimbursement Action Based On Equitable Lien

WASHINGTON, D.C. - The U.S. Supreme Court on April 16 ruled that a health plan administrator's claim for reimbursement against a plan participant under Employee Retirement Income Security Act Section 502(a)(3) based on an equitable lien by agreement is governed by the terms of the plan and is not subject to equitable limitations (U.S. Airways, Inc. v. James McCutchen, et al., No. 11-1285, U.S. Sup.; See 12/19/12, Page 15).

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