Reduce your liability from noncompliance

All employers that sponsor health plans have a fiduciary responsibility to ensure their plan complies with applicable laws and mandates. In many cases, employers are required to provide hands-on direction and oversight to this compliance process. Yet, most employers are unaware of the full scope of their responsibility. This has exposed many companies to potential liability at a time when government agencies are stepping up enforcement of health plan laws, and lawsuits brought by health plan members are on the rise.

By raising overall awareness of health and welfare plan laws, Compliancedashboard helps assure compliance, thereby reducing the risk of fines and legal action that can arise from noncompliance.

It further minimizes an employer’s potential liability by:
Establishing a reliable and verifiable compliance process Maintaining reports and audit trails to document an employer’s good faith compliance efforts.