Tag Archives: Health Plan

“But Our Vendor Handles Everything — How Can We Still Have Fiduciary Liability?”

Biometric data
As the rules governing retirement and health plans grow more complex, employers often need professional help in order to keep up with the day-to-day management of the employee benefit plans they sponsor. From third-party administrators and financial advisers hired to manage the operations and investments of 401(k) plans to administrative service organizations and pharmacy benefit … Continue reading this entry

New EEOC Rules for Wellness Programs: A 30 Percent Incentive = Voluntary

li_eeoc
For years, employers have been allowed to offer voluntary wellness programs to employees under the Genetic Information Nondiscrimination Act (GINA) and the Americans with Disabilities Act (ADA). Both laws generally prohibit health-related questions and medical examinations, such as biometric screenings, but have an exception if done in conjunction with a voluntary wellness program. However, in … Continue reading this entry