ERISA Health and Welfare Compliance for Rookies
Understanding Basic Documentation, SPD, Form 5500, and Other Rules
Available immediately and for 60 days after purchase.
On top of the tax rules that apply to workplace benefits, federal law imposes additional compliance rules for health & welfare benefits that are subject to ERISA. Training on ERISA compliance is important not only for individuals completely new to the area but also for experienced HR personnel switching to benefits compliance.
Whether your company sponsors health & welfare plans, administers those plans as a TPA, or provides advice about ERISA compliance, this 90-minute web seminar introduces the basics and helps your rookies understand the rules.
Note: This seminar covers the ERISA rules for health & welfare benefits. We do not cover tax rules (including cafeteria plan rules) or rules for pension/retirement benefits.
Originally presented and recorded on May 1, 2008.
For one registration fee ($249), you and your co-workers may view the seminar as many times as you wish for 60 days after purchase.
Seminar Level
Topics Covered
Here’s some of what was covered:
- Overview of ERISA. Who must comply? What benefits are subject to ERISA? When are “voluntary” benefits subject to ERISA? What benefits are exempt?
- Documentation requirements. Documentation that satisfies ERISA (insured versus self-funded plans). Required content and distribution rules for summary plan descriptions (SPDs). Penalties for failure to provide documents.
- Claims procedures. Handling plan claims and appeals. Understanding how improper claims administration can affect later-filed benefits litigation.
- Fiduciary rules. Who’s a fiduciary and why does it matter? Issues when plan administration is outsourced. Plan assets and the special nature of employee contributions. When do the exclusive benefit and trust rules apply?
- Form 5500 requirements. When must an annual Form 5500 be filed (effect of plan size and method of paying benefits)? What information must be included?
- Recordkeeping and other requirements. When is a summary annual report (SAR) required? What records are required and how long should they be retained?
Details
Speakers: Mary Turk-Meena and Kyle T. Murray. Ms. Turk-Meena is a partner and chair of the Employee Benefits practice at Kennedy Covington Lobdell & Hickman, L.L.P., in Charlotte, NC. She is a Contributing Author of EBIA’s Group Health Plan Mandates manual. Mr. Murray is an attorney and Associate Editor at EBIA. He is the Editor and a Contributing Author of EBIA’s ERISA Compliance for Health & Welfare Plans manual.
Handouts: A handout of the seminar slides and other information is provided through download.
Viewing Details
You and your co-workers may view the seminar as many times as you wish during a 60-day viewing window.
Please respect our copyright; do not record the web seminar, share the access link, or duplicate materials. For details on our copyright policy, please visit here.
System Requirements for Recorded Web Seminars
EBIA uses WebEx technology for the seminar. You may wish to view system requirements, test your system and download any necessary WebEx software here:
http://developers.webex.com/api/jointest/
If you are not able to complete the WebEx installation, please contact WebEx technical support at (866) 863-3904.
