Remove ATS Remove Compliance Remove HIPAA Remove Retirement

Assessments, Policies, and Training Are Key to HIPAA Compliance

HR Daily Advisor

The keys for plan sponsors to avoid penalties under the Health Insurance Portability and Accountability Act (HIPAA), as well as other liability that may come with data breaches, were discussed by HIPAA experts in a recent webinar. Periodic risk assessments, updated policies and procedures, and ongoing training are critical to HIPAA compliance, said Kathryn Bakich, senior vice president at Segal Consulting. Minimizing HIPAA Privacy Liability.

Compliance Checklist: Federal Employment Laws You Need To Know At Every Stage Of Your Company’s Growth

Zenefits

With a fast-growing small business, compliance is just one of many things on your to-do list, behind hiring, improving operations, and fine-tuning your products. Here’s a quick checklist of some major federal laws you’ll need to tackle at different employee thresholds in your growth. Employers may only hire those who can legally work in the United States and must maintain up-to-date I-9 forms for all employees. Employment Retirement Income Security Act (ERISA) , via DoL.

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Don’t Let Your Data or Participants Get Lost in Space

HR Daily Advisor

Lost in Space” was a popular television series in the 1960s. Sabotage by crew member Dr. Zachary Smith threw the ship off course and launched endless adventures. The ensuing adventures are anything but fun. The possibility of cyberdata sabotage is now a day-to-day threat that frequently makes the headlines—and employee benefit plans are not spared exposure to data sabotage. The EBSA Advisory Council to the U.S. by Mary B.

4 Facts About Medicare That All Employers Should Know

HR Daily Advisor

Employers that offer group health insurance plans to their employees have an interest in learning how employees’ entitlement to Medicare benefits can affect the administration of those plans. This article discusses the coordination of benefits between the two plans. In other words, it answers the question: How does my company health plan interact with Medicare? The post 4 Facts About Medicare That All Employers Should Know appeared first on HR Daily Advisor.

HR services for small business

Tandem HR

Rarely do you find a business started for the sheer thrill of processing payroll or because hiring and firing people is a hobby. Nor does anyone start a business for the excitement they feel when complying with employment law. Small and mid-sized businesses can provide the HR their people need without wasting time or money by engaging with a Professional Employer Organization or PEO. This allows owners and executives to spend their valuable time growing the business.

Plan Sponsor Groups Call on DOL to Withdraw Proposed Form 5500 Changes

HR Daily Advisor

Two major plan sponsor organizations urged the U.S. Department of Labor (DOL) to withdraw the revisions it proposed to the Form 5500 reporting requirements for group health and retirement plans. Further, we are concerned that many of the Proposed Revisions would require plan administrators, under penalty of perjury, to answer questions for which they do not have readily available information.”. The notice of proposed revision was published July 21 (81 Fed.

Plan Must Cover Room, Board for Residential Mental Health Treatment

HR Daily Advisor

Because a group health plan covered room and board expenses for stays at skilled nursing facilities, the Mental Health Parity and Addiction Equity Act (MHPAEA) required it to do so for residential mental health treatment facilities as well, a federal appeals court ruled in Danny P. The plan also covered mental health services, including licensed “residential treatment facilities” that deal with mental health disorders. appealed this decision to the 9th U.S.

Consequences of Outdated Employee Benefits Systems

Zenefits

Technology is making remarkable strides across the employee benefits landscape. A 2019-2020 survey found that the vast majority of organizations are utilizing a benefits application in some shape or form. Benefits administration is regarded as the most complex HR process.

“Establish a security program”, With Jason Remillard and Stuart Lerner

Thrive Global

Encrypt everything so that in the event your data is stolen, it can’t be read. Since users are the weakest link in the information security chain, phishing tests are extremely important. I played many sports growing up and learned the importance of teamwork at an early age.

Data 44

Taking the Guess Work out of Your HR Decisions

Effortless HR

As I built the EffortlessHR platform – a Human Resource Information System – I kept being asked several questions: Why do I need to …. What this really told me was that most companies without a HR Department had no idea how the number of their employees impact which law/regulation they needed to follow and understand. Federal Income Tax Withholding – Employers must withhold and pay the federal government a set percentage of employee wages for the federal government.

How Co-Employment Relationships Benefit Businesses

Insperity

Business owners who outsource HR tasks via a co-employment relationship benefit from the following: Access to better health and retirement benefits. Such a scenario often means business owners can offer a wider range of benefits to workers at a much better price. Companies that enter into a co-employment relationship benefit from a decrease in the cost of employer payroll processing and related accounting costs. Monitored compliance of federal and state regulations.

9th Circuit Faults Retiree Plan’s Disclosure of Lifetime Maximum

HR Daily Advisor

A federal appeals court recently confirmed that the Affordable Care Act’s (ACA) prohibition of lifetime benefits maximums does not apply to retiree-only group health plans. However, the court ruled, the plan had failed to disclose this adequately as required by the Employee Retirement Income Security Act (ERISA). The case is King v. UPS issued a summary plan description (SPD) in 2006 that applies to both the active employee and retiree plans.