Webinar: Creating Clarity with Well-Written and Legally Compliant TPA Service Agreements
Date: Wednesday, December 8, 2021
Time: 1:00 – 2:00 pm EST
If you miss the live event, the webinar will be recorded and available to you on-demand, whenever you have the time to listen.
Cost: Free Webinar
Speaker: Hall Benefits Law
Registration Link: https://spba.peachnewmedia.com/store/seminar/seminar.php?seminar=176074
Learning Objectives
A well-written and legally compliant TPA service agreement gives comfort to both parties that roles and responsibilities have been enumerated in advance and that there will be no surprises down the road. What do TPAs need to consider when constructing a new service agreement or revising an old one?
>> What should TPAs expect to include in their service agreements to accommodate changes under the Transparency in Coverage regulations?
>> How do new requirements set forth in the Consolidated Appropriations Act, 2021, and the American Rescue Plan Act of 2021, impact TPA service agreements?
>> What is the TPA’s role relative to the plan itself? Where does this leave the Plan Sponsor?
>>How does one define confidential information, and how does the service agreement address the TPA’s responsibility to properly handle such information?
>> What is the appropriate manner in which to address fiduciary roles and responsibilities within a TPA agreement?
>> Who is indemnified through the language in the TPA service agreement? How can indemnification impact the plan sponsor’s perception of services being provided?
>> Who is liable for damages and how much can a TPA limit its liability through an administrative service agreement?
>>What is the role of the service agreement in defining how a TPA will be involved in plan litigation? What are best practices around language addressing potential litigation?
>>How does one properly consider the question of arbitration vs. litigation should there be a dispute? What are best practices for arbitration clauses?
Webinar Technical Notes
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