Insights

It can be tricky to navigate the myriad of laws affecting benefit plans. In this webinar, the Benefits Compliance team dusted off the cobwebs and provided an overview of federal laws that affect benefits compliance.

Agenda

Overview: Federal Laws – Topics Discussed

• Section 125/Cafeteria Plans
• COBRA
• ERISA
• FMLA
• ACA
• HIPAA
• Medicare
• Nondiscrimination
• Taxation
• Other Federal Mandates

Key Takeaways

• Advantages for Employees
  • Ensure benefits received as promised
  • Protect against discrimination and unfair treatment
  • Reduce taxes
  • Pre-tax premium payments/contributions
  • Exclusion from gross income for employer/insurer payments
  • Help employees understand what they are getting
• Advantages for Employers
  • Tax savings (employment taxes and business deductions)
  • Employee attraction and retention
• Role of Brokers/Service Teams
  • Help employers understand and comply with their obligations

Recording

Slides