Sessions
Concurrent Session
ACA and ERISA Compliance: 11 Steps to Avoid (or Survive) a Department of Labor Audit
Monday 06/29/2020 01:30 PM - 03:00 PM
Competencies: Business Acumen, HR Expertise
Workplace Application:
Taking the appropriate steps now can help HR professionals avoid downstream pains associated with health and welfare plan audits.
After passage of the Affordable Care Act, there are even more requirements that employers sponsoring health and other welfare plans need to ensure they comply with. During this fast-moving session, you will walk through 11 items you'll want to review to make sure you have all of the processes and documentation you'll need if your employer is ever the subject to a DOL audit of your health and welfare plans.
Learning Objectives:
- Learn what the DOL looks for when they do an audit (and what you can do to be totally prepared).
- Identify the pitfalls that many employers miss when sponsoring plans that can show up on audit.
- Learn what and how to document your compliance actions in the event of an audit.
