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Human resources administrators now have less than a week to bring their privacy practices and notifications, into compliance with new HIPAA regulations issued in early this year.
The good news for most HR professionals and benefits administrators is that perhaps the most sweeping change to HIPAA with the rules effective Monday doesn’t apply directly to them, but to their third-party administrators and business associates. That can, however, require new contracts and agreements with them.
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A pensions specialist explains why fiduciary responsibility extends beyond investment oversight and how proper safeguards serve as a critical layer of protection.
The practical takeaway is to treat data-sharing requests as a risk-allocation exercise, not just an operational convenience.
Alternative retirement options are growing in popularity as employees reject traditional, more rigid, plans.
Emphasizing the importance of 401(k) savings preservation will help more employees achieve the American Dream and improve their lives before and after retirement.
Emphasizing the importance of 401(k) savings preservation will help more employees achieve the American Dream and improve their lives before and after retirement.
