Regulation and compliance
Regulation and compliance
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A third of employers say theyve experienced fines and penalties in the past year because of non-compliance with government regulations, many of which they are simply unaware of. For many, expert advice from benefit advisers could be a real solution.
April 9 -
Employers around the world are pushing free transparency and seeking better investment outcomes for their workers, which is leading to a greater availability of low-cost investment options in employer-sponsored plans.
April 9 -
Commentary: Yes, employers can distribute plan documents electronically, but they must follow the rules, and dont assume intranet posting is enough because it is not.
April 2 -
The Securities and Exchange Commission on April 1 announced it had settled an enforcement action over an employers use of a restrictive confidentiality agreement.
April 2 -
States should not step in and establish their own exchanges if subsides are ruled illegal on the federal health care marketplace, a recent national study found, but industry experts say that is not the national consensus and point to the wording of poll questions to support the discrepancy.
April 2 -
The federal government has delayed implementing proposed changes to the Affordable Care Acts Summary of Benefits and Coverage until January 2016.
April 1 -
Sometimes what happens in Vegas doesnt just stay on the Strip it blows across the Sagebrush State like a wayward tumbleweed. Case in point: Nevada Health Link enrollees have been reporting mistakes on the 1095-A IRS forms to calculate their premium tax credit on the federally supported state-based HIX.
April 1 -
The decrease in compensation is negligible since the medical loss ratio took effect, study finds, but other industry organizations disagree.
April 1 -
Lawmakers are pushing through several pieces of legislation that encourage better health information technology, especially interoperability, which will help reduce medical errors.
March 31 -
Commentary: While these FMLA changes dont require any immediate action or changes to employers benefit plans, they could serve as a catalyst for federal officials and agencies to further extend their reach into benefits programs, says Sam Fleet.
March 30 -
For many taxpayers, their first introduction to the ACA may be the Form 1095-A that they receive in the mail, and bring with them or forget to bring with them to their tax preparer. Many have questions about the form, and state exchange call centers have been inundated with inquiries. Here are top five questions being asked about Form 1095-A.
March 30 -
A federal district court granted a preliminary injunction on Thursday ordering the Department of Labor to postpone the application of a rule that would have extended Family and Medical Leave Act benefits to same-sex married couples even in states that do not recognize same-sex marriage.
March 27 -
Continued lawsuits over excessive 401(k) fees are on track to force providers to change the way they deliver products and end a practice that appears to be a showcase of impropriety.
March 27 -
Michelle Capezza, a member of law firm Epstein Becker Green, highlights new changes to the ACA's Summary of Benefits and Coverage and what steps plan sponsors should be taking to prepare.
March 26 -
The DOL has stayed true to a planned increased in enforcement and investigation of ERISA criminal violations, including indictments of employers and service providers, that should serve as a cautionary tale for any individual involved with the administration of these plans.
March 26 -
Worker misclassification can have serious repercussions that could quickly accumulate into the millions of dollars in fines, not to mention back payment of taxes and other related benefits.
March 25 -
Numerous lawsuits have been filed against employer-sponsored retirement plans in the past few years because plan participants are getting more savvy about things like fees and fiduciary duty, thanks in part to the Department of Labors recent focus on both issues.
March 25 -
Several myths surround the Equal Employment Opportunity Commissions mediation program yet it can, in some cases, help employers avoid costly and time-consuming litigation.
March 24 -
Over the past eight years, 13 pending or settled cases have accused companies of failing to act in the best interests of employees participating in 401(k) retirement plans. In the midst of this, how can employers be sure their retirement funds are safe?
March 24 -
Commentary: Employers who start revising their FMLA policies to address this change should also use it as an opportunity to review their benefit plan language to make sure it accurately reflects the updated definition.
March 19