Calling all plan sponsors and plan administrators: What’s the best way to ensure your group health plans are in compliance with legal rules before you’re audited by the government?
Conduct a self-audit!
As a plan sponsor or plan administrator, you are responsible for the plan’s compliance — even if you’re outsourcing administration to a TPA.
We’ll explain how you can audit your plan (or work with your service provider to audit the service provider’s administrative functions) to identify and correct potential problems across all areas of compliance — tax, ERISA, COBRA, and HIPAA — before you hear from the IRS, DOL, or HHS. We’ll walk you through how you can use the agencies’ own guidelines and audit materials to design and implement a self audit of the plans you sponsor or work with.
Continue by clicking on the following link: