Uptick in Subrogation Lawsuits Raises Concerns

In this Employee Benefit News article, The Phia Group’s Ron Peck discusses the rise in lawsuits involving health plan administrators and advisers over cost-recovery strategies like subrogation. The article explores how failure to pursue recoveries may leave money on the table for self-funded plans, creating potential fiduciary concerns for TPAs, brokers, advisers, and plan sponsors.