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Penalties for Benefits Noncompliance

Zenefits

Inflation is not only fueling price increases; it’s also requiring employers to pay more in penalties for not complying with benefits laws under the Employee Retirement and Income Security Act of 1974 (ERISA). History of benefits compliance. Employers have been offering employee benefits since the late 1800s.

HIPAA 68
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Genetic testing: The next frontier in employee benefits?

HRExecutive

Reducing employee health risk was a factor in the company’s decision to incorporate genetic testing into its comprehensive benefits portfolio in 2018. And of particular concern to business leaders, cancer treatments were the top healthcare cost for employers in 2022, according to the Business Group on Health.