For years, employers were only concerned with IRS audits of their employee benefit programs. Now, the US Department of Labor (DOL) has added thousands of field agents to begin looking specifically at health and welfare plans sponsored by employers. As the agency responsible for overseeing the Employee Retirement Income Security Act (ERISA) and many parts of the health care reform law known as the ACA (Affordable Care Act), the DOL is now showing up in employers’ offices and conducting audits.
In order to avoid (or survive) a DOL audit, there are 11 areas of concern that employers must address. Kushner & Company has the expertise to assist organizations in ensuring that its plans are in compliance with both ERISA and the ACA, and that it has fully documented all of those compliance efforts.
Get the latest ERISA-ACA Compliance news and advice from our team of experts here: