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View More Strafford Webcasts and Conferences

ERISA Covered Health and Welfare Plan Administration: Compliance, Fiduciary Liability, DOL Enforcement Actions

Strafford

Apr. 14, 2021
Recorded Online
Webcast

Impact of the 2021 Consolidated Appropriations Act, New Mental Health Parity Rules, Prohibited Transactions, Form 5500

This CLE webinar will guide ERISA counsel, fiduciaries, and administrators on key health and welfare plan design and compliance challenges. The panel will discuss key issues faced by plan sponsors and administrators, the impact of the Consolidated Appropriations Act (CAA) of 2021, new mental health parity rules, fiduciary liability, plan document requirements, Form 5500, recent DOL enforcement actions, and other key issues.

Description

The DOL has an active enforcement program focused on health plans in response to new rules provided under the CARES Act and the 2021 CAA. ERISA counsel, fiduciaries, and administrators must ensure strict compliance with current regulations and implement procedures to overcome administrative challenges.

The administrative challenges and compliance failures for health and welfare plans can lead to lawsuits and significant penalties. The enactment of the CARES Act and the 2021 CAA significantly impacts the administration and fiduciary obligations for health plans. The DOL's key areas of focus for audits and enforcement are mental health parity compliance, emergency services, and health service providers' self-dealing. ERISA counsel must identify potential compliance pitfalls and understand the required documentation and procedures, audit triggers, and plan provisions targeted by the DOL and IRS to minimize plan administration issues.

Listen as the panel discusses complex compliance requirements, next steps in response to the 2021 CAA provisions, litigation risks, and potential liability stemming from plan operations and administration, prohibited transactions, and other key issues.

Outline

  1. CARES Act compliance for health and welfare plans
  2. Critical 2021 Consolidated Appropriations Act for health plans
  3. New mental health parity rules
  4. Fiduciary rules and liability
  5. Plan documents and reporting requirements
  6. Recent DOL developments
  7. Best practices for plan sponsors and administrators

More Information, How to Register

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