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Peter Marathas is a Partner in the Employee Benefits & Executive Compensation Group who counsels his clients from the Boston and New York offices. He uses a practical, business-focused approach to counsel his corporate, tax-exempt, governmental and individual clients on complex executive compensation and employee benefits matters.Peter has developed a solid regional and national reputation as being among a short list of employee benefits and executive compensation attorneys who can guide his clients through complex tax, securities, ERISA and corporate governance issues in a sensible, efficient and understandable manner. Individual executives, management teams, boards and compensation committees in Boston, New York and across the country recommend Peter as a go-to lawyer who provides clear, no-nonsense advice on the development and design of employee benefits and executive compensation programs and for when they need to resolve complex and sophisticated legal issues. Prior to becoming a lawyer, Peter worked for years in human resources and his past-life experience informs his legal approach. He provides practical, business-minded advice that is informed not only by the controlling legal issues but also by market realities and shareholder perceptions.Widely acknowledged for his technical knowledge, Peter has extensive experience negotiating equity, benefits and compensation matters in complex business transactions, executive employment and severance agreements, and retention and change of control agreements. He has experience designing and implementing qualified retirement plans, welfare plans, and equity and incentive programs that meet the numerous and intricate requirements of applicable federal and state law. Peter is outside counsel and Compliance Director for the Benefit Advisors Network, a national consortium of best-in-class employee benefits and compensation consultants. In this role, he provides compliance advice on matters affecting clients in virtually every state in the country. His years of experience enable him to assist his clients in managing the increasingly complex legal issues that affect their benefit plans.Peter is an Adjunct Professor of Law at Boston University College of Law, where he teaches courses in executive compensation. Prior to becoming a practicing lawyer, Peter taught at the University of Illinois and Bradley University and was a human resources director for a leading tax-exempt health care corporation.Peter is a much sought after speaker on benefits and compensation matters. He has spoken to business groups across the country on all benefits and compensation matters, including Section 409A and National Health Care reform. Peter also has published numerous articles on employee benefits and executive compensation matters.Peter served as a Peace Corps Volunteer in Ghana, West Africa. Among his many achievements as a Peace Corps Volunteer, Peter obtained a major grant to construct a secondary school in a remote village in Western Ghana.

Federal legislation often includes provisions that lead to unintended consequences. One such provision in the Patient Protection and Affordable Care Act (the “Act”) likely has left some hospital benefits managers scratching their heads: a requirement that certain group health plans may not impose greater restrictions on out-of-network emergency care services (Section 10101(h) of the Act).)

Specifically, under the Act, starting in 2011, non-grandfathered plans must provide coverage for emergency services without regard to whether the provider is in-network or out-of-network.