Self-Compliance Tool for ERISA: Health Care-Related Provisions

by Misty Baker
Self-Compliance Tool for ERISA: Health Care-Related Provisions

Many of our clients have been warned about ERISA audits over the last few years, some brokers have recommended ERISA products or tools to help groups with their ERISA concerns but did you know that a free self compliance tool was available from the Department of Labor?


ERISA, or the Employee Retirement Income Security Act, applies to most groups, regardless of size as long as they are not governmental employers and government entities, churches, benefit plans that are maintained only for purposes of complying with workers’ compensation, disability or unemployment laws are not subject to ERISA protections.


A great best practice for agents would be to use the free tool to start the conversation about ERISA with your clients. 


 

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