Compliance concept Employers that are not careful when preparing and distributing employee communications (or that fail to distribute them entirely) can run into a number of problems,

In addition to their already burdensome job duties, HR professionals who work on their company’s health and welfare benefits are tasked with navigating a wide array of complex federal laws that govern those benefits. This task has become increasingly important and challenging in recent years due to rising health care costs, a competitive labor market, and the expanding importance of health insurance to employees.

The consequences of non-compliance with these rules can be costly and administratively burdensome on an employer and its resources, including its HR department. This non-compliance liability may include, for example, potentially hefty taxes and penalties, employee lawsuits, and time-consuming government audits.


NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.