Compliance with ERISA & HIPAA
ERISA (Employee Retirement Income Security Act) has been around since 1974 regulating group sponsored employee benefits. The law has strict deadlines for employers to comply with disclosing plan information to their eligible employees and the employer being the plan sponsor must follow a strict fiduciary code of conduct.
HIPAA (the Health Insurance Portability & Accountability Act) requires the protection of identifiable health information or PHI (protected health information). To remain in compliance all employers must have certain policies and procedures in place to safeguard the security of electronically transmitted or stored PHI.
MDIS has teamed up with TASC to help ensure our clients are in compliance.
Follow the flow chart below to see if you need to get in compliance & let MDIS help you do so.