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Atrium Health ERISA lawsuit exposes gray area for pensions
Modern Healthcare: The Supreme Court last year ruled that faith-based hospitals don't have to abide by federal rules that govern the pension plans of private companies. Now, a new lawsuit raises a related question: What about certain not-for-profit health systems?
In the latest case, a group of former Atrium Health employees argue the health system improperly classifies itself as a governmental entity so that its health plan, MedCost, doesn't have to abide by the federal Employee Retirement Income Security Act of 1974, which does not apply to government entities.
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