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Consultant Warns of New DOL Audits Eying Compliance with Key Parts of ACA
Bloomberg BNA Link to more items from this source
June 10, 2014
"'What are they looking for? They are looking for information, documentation and operational compliance,' [said Jerry Kalish, president of National Benefit Services Inc.]. 'I would maintain that, functionally, preparing for a [DOL] audit for health and welfare plans is not different, but for the subject matter, than what it is in a 401(k) or a qualified plan audit.' ... Kalish warned plan sponsors to prepare for a wide range of health and welfare issues beyond the ACA -- such as ones involving [ERISA, HIPAA and COBRA] -- if they are notified of an audit."

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