Reduce your risk of HIPAA penalties with Compliance Continuity. The Department of Health and Human Services (HHS) has the authority to levy multi-million dollar penalties on organizations for HIPAA violations, and is not hesitant to do so. Our focus this month will be on critical compliance efforts under the HIPAA Privacy and Security Rules to not only avoid HHS penalties, but also to provide a solid framework for protecting employee and dependent health plan information.
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The U.S. economy has continued to show steady growth over the past year and many of our nonprofit clients have also had modest growth during this time. The U.S. employment statistics are also quite favorable with unemployment rates hovering at or below 4%.
This issue provides details on: HIPAA Privacy, Security, and Nonprofit Employer-Sponsored Health Plans: Resourceful Governance; Leveraging board talent; & Keeping a Strategic Focus on Attracting and Retaining Employees.
The Supreme Court recently restored order in the church plan universe when it overturned three appeal decisions and held that an employee benefit plan maintained by a church-affiliated organization can qualify as a “church plan” exempt from ERISA. Updated October 1, 2018
Prevalent issues in the multivendor 403(b) environment include a lack of vendor oversight, proprietary investment products, and pricing inefficiencies. What actions should 403(b) plan sponsors be taking to mitigate their fiduciary and legal risks? Updated October 1, 2018
The market is always fluctuating, and though some anticipated a significant market tightening in 2018 as a result of the catastrophic events that occurred at the end of 2017, the threat of a near term correction has largely dissipated.
Recently, the U.S. Court of Appeals for the Second Circuit, applying New York law, and the U.S. Court of Appeals for the Sixth Circuit, applying Michigan law, respectively, agreed with an insured that the computer fraud provisions of a crime policy covered the loss incurred when the company’s employees transferred funds in response to a spoofed email.
One of Janet Yellen’s last acts as head of the Federal Reserve was to impose an unusual settlement condition upon Wells Fargo: as part of the consent decree, Wells Fargo would agree to the removal of four directors.
Employers look to their peers for guidance as they pursue destination-employer status. Explore the best-in-class tactics midsize employers are using to outperform the competition in healthcare cost control and human resource management.
Employers look to their peers for guidance as they pursue destination-employer status. Explore the best-in-class tactics large employers are using to outperform the competition in healthcare cost control and human resource management.