Workplace Application:  Reduce unintended financial exposure resulting from common employer health plan administration practices.

Controlling health plan costs and financial exposure is difficult, at best. To address health plan compliance with federal laws more easily, employers can address the plan administration functions they handle in-house (such as determining employee and dependent eligibility and when coverage ends). Failure to comply with applicable laws in performing these functions may result in significant, sometimes catastrophic, costs and financial exposure.

• Learn about plan administration functions that employers often carry out in-house.
• Gain an understanding of common employer practices that can violate compliance requirements and result in financial exposure.
• Learn what changes to current practices are needed to best achieve compliance with federal requirements for health plans.