Over the past 12 years, 32% of health and welfare plans audited received DOL fines in excess of $10,000 due to ERISA and Form 5500 violations.
Worksite & voluntary benefits carry significant ERISA compliance risk
Employers are exposed to significant fines, penalties and lawsuits because they’re mistakenly told their voluntary benefits aren’t subject to ERISA.
Don’t Forget About the Final HIPAA HITECH Rules
New requirements are effective March 26. Have you determined if you comply?
Are You Ready? HIPAA Audits Are Here.
As part of health care reform, the federal government mandated that a HIPAA audit program be developed to ensure compliance with HIPAA’s privacy and security rules and its breach notification standards. Expansion of the program is around the corner, and all health care providers and their business associates must be prepared.
Supreme Signal: Time to Comply With Healthcare Reform
The Supreme Court’s decision upholding healthcare reform puts companies on notice that compliance avoidance is no longer an option.
HIPAA Audits Protocol Announced by HHS/OCS
Mandated by the HITECH Act along with the American Recovery and Reinvestment Act of 2009, audits enforcing HIPAA are to be conducted on a proactive basis.
IRS Puts COBRA Under Scrutiny: Consider a Self Audit or Pay the Price
“The IRS issued new guidelines for IRS auditors to review COBRA compliance.” “Your best defensive would be a proactive, self-audit” says Jeremy J. Sharp, a partner with the law firm Walter & Haverfield.
Joint DOL/IRS audits review more than 100 requirements
Because the IRS and DOL enforce different laws, the scope of their audits are different. Here are just a few things a joint DOL/IRS audit might encompass.
