I. Introduction

II. ERISA Subrogation Claims ... A. The Fiduciary Duties of Plan Administrators ... B. Reimbursement Claims Against Plan Participants … 1. Great-West Life & Annuity Insurance Co. v. Knudson ... 2. Sereboff v. Mid Atlantic Medical Services, Inc. ... 3. US Airways, Inc. v. McCutchen ... 4. Montanile v. Board of Trustees ... C. The Plan Administrator’s Reaction to McCutchen and Montanile

III. Post-McCutchen and Montanile Problems ... A. Disincentives to Litigate Personal Injury Claims or Cooperate with Plan Administrators ... 1. Screen and Decline Borderline Cases ... 2. Attempt to Pre-Negotiate a Set Reimbursement Amount ... 3. Ignore Reimbursement Demand Letters or Provide a Non-Binding Response ... 4. Distribute and Dissipate the Recovered Funds to Avoid an Equitable Lien ... B. Obstacles to Reimbursement Clause Enforcement