Employers who choose to self-insure their group health plan (GHP) have significant fiduciary responsibility to the plan’s participants and beneficiaries. In order to manage this fiduciary risk, plan sponsors often hire an insurance carrier [Read More]
Employers caught violating employee benefit, wage and hour, mine safety, occupational safety and health, and workers’ compensation rules will pay higher fines this year than last. In this article, you will find a list of some common health and welfare plan violations and the penalty amounts for 2022 and 2021.
A comprehensive health care claims audit protects health plans and participants from mistakes and regulatory violations. This article outlines best practices for planning and conducting an audit. As health care costs continue to soar, [Read More]
A group health plan sponsor and its administrator are responsible for managing the plan and its assets. In order to properly manage the plan’s day-to-day operations and satisfy its fiduciary responsibility, a plan sponsor [Read More]