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Lawsuit Alleges Caterpillar Violated ERISA Over Healthcare Premium Levels

Caterpillar logoCaterpillar
Sig2.80Sen-5.20Env0.00Soc-5.00Gov-4.60

Amy Beyers and Glenn Zabel sued Caterpillar, alleging the company failed to prudently monitor healthcare coverage options under its employee plans and violated ERISA. The complaint targets two plan choices, saying the higher-premium, lower-deductible option and a cheaper high-deductible tier leave participants paying more for no added benefit.

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