Employee benefits compliance is notoriously complicated and gets more challenging each year. Some lapses go undetected and are non-events, but others can result in significant legal liability and penalties, even when an employer is trying to “do the right thing.” It is best to identify compliance issues before a plan is audited, before employees raise concerns, and before a potential sale or merger transaction involving the employer (all of which result in employers having to scramble).
Below are brief summaries of two health plan compliance issues that we often see.
