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Brief
Summary:
The Employee Benefits Security Administration (EBSA) has reached a settlement agreement with several employers, including Revelation Energy LLC, Lexington Coal Company LLC, and others, to resolve over $1.2 million in unpaid medical claims. The investigation found that the employers failed to fund their obligations to pay employees' medical benefit claims, resulting in $1,296,427 in unpaid medical bills. As part of the settlement, the employers must resolve the unpaid claims by negotiating with healthcare providers, reimburse health plan participants, and notify employees of the settlement. This resolution aims to bring long-awaited relief to plan participants negatively impacted by the employers' negligence.
Relevant information:
Over $1.2 million in unpaid medical claims resolved
7 employers involved in the settlement agreement
$1,296,427 in unpaid medical bills
Investigation found employers failed to fund medical claims
* Settlement requires employers to resolve claims, reimburse health plan participants, and notify employees
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