Sixty-Five Security Plan v. Blue Cross & Blue Shield

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• noting that “discretion to grant or deny claims ... has been held sufficient to support a finding of fiduciary status
• describing that because insurer's compensation was a percentage of claims paid and insurer had discretion whether to pay a claim, insurer was a fiduciary with regard to its own compensation
• “The discretion to grant or deny claims, without more, has been held sufficient to support a finding of fiduciary status”
• “The discretion to grant or deny claims, without more, has been held sufficient to support a finding of fiduciary status”
• insurer's compensation was a percentage of claims paid, and insurer had discretion whether to pay a claim; therefore, insurer was a fiduciary as to its own compensation
• disposition of plan assets primarily consisted of payments to plan subscribers

Source: CourtListener parenthetical corpus (CC0).