Keeping your business and your employees compliant with benefits laws is a constantly-moving target. You’re tasked with juggling multiple regulation requirements for Section 125 Plans, the Patient Protection and Affordable Care Act (ACA), and the Department of Labor (DOL), just to name a few. Plus, those regulations are subject to change. If you’re not keeping up with those changes, you could face serious repercussions, including possible penalties.
Why handle that responsibility alone?
Partner with Compliance Professionals
American Fidelity and American Fidelity Administrative Services (AFAS) can help you stay up to date with federal benefits regulations and assist with an action plan.
American Fidelity Account Managers
American Fidelity has a dedicated benefits compliance team to support each of our specialized industries. All of our account managers go through targeted compliance-focused education every year so you're getting updated benefit guidance and support.
American Fidelity Administrative Services
AFAS is staffed with professionals who have extensive expertise in providing benefit plan consulting and compliance review services for both large and small employers. AFAS’s goal is to deliver a broad range of solutions to help our customers save time and money in connection with their health and welfare benefit plans.
Compliance Strategy
Education
When regulations change, you’ll receive a notification with a summary of how they may affect your group. Your employees will be notified too, if changes affect them. If needed, webinars, group meetings, and other resources are available.
Consultation
AFAS compliance consultants are available to provide a specific breakdown of how regulations affect benefit plans. If an action plan is needed, they will work with you to create one, customized for your needs. Plans may include detailed communication strategies or benefit plan changes.
Services
American Fidelity and AFAS both offer benefits compliance services, such as Section 125 Plan administration, nondiscrimination testing, and ACA reporting. These services are designed specifically for your group.
Popular Compliance Topics
Wellness Incentives
There are many options available for employers seeking to encourage healthy behaviors in their workforce. You can encourage employees to change health-related behavior in many ways, from subsidizing nutritious choices in the cafeteria to financial rewards for improving measurable health outcomes.
However, workplace wellness programs must be carefully structured to comply with current federal law, including the ACA, Americans with Disabilities Act (ADA) and the Genetic Information Nondiscrimination Act (GINA). In a changing legislative and regulatory landscape, AFAS can walk you through the questions you’ll need to ask to find the wellness solutions that work best for you.
Health Insurance Portability and Accountability Act of 1996 (HIPAA)
Privacy issues frequently arise in the workplace, and many employers are uncertain about their responsibilities under HIPAA. While some employers may assume HIPAA does not apply to them, certain situations, such as sponsoring a self-insured plan, create privacy issues under HIPAA.
AFAS can help employers identify potential HIPAA privacy issues and create an action plan.
Family and Medical Leave Act (FMLA)
Managing time off under the FMLA is a challenge for employers. AFAS can help you understand the rules and craft your leave of absence management strategy.
Get help with determining if you are a covered employer under the FMLA, knowing what qualifies an employee to take FMLA-protected leave, and developing your policies and procedures around this important topic.
Recent Compliance Articles
Compliance Roundup: Recent ACA Decisions and COVID-19 Updates
Compliance
2 minute read
Explore our latest compliance roundup, including recent ACA decisions and COVID-19 updates.
- Tags:
- Compliance
- COVID-19
- ACA
IRS Announces 2021 HSA Limits, HDHP Guidelines
Compliance
1 minute read
The IRS announced the new contribution limits for Health Savings Accounts, and guidelines for HSA-Qualified High Deductible Health Plans for 2021.
- Tags:
- HSA
- HDHP
- Compliance
IRS Okays Mid-Year Changes to Health, FSA and Dependent Care Elections
Compliance
3 minute read
To assist with the nation’s response to COVID-19, the IRS announced increased flexibility during calendar year 2020 for mid-year election changes.
- Tags:
- Compliance
- COVID-19
About American Fidelity Administration Services
In response to great demand from customers to provide more in-depth health plan analysis and consulting assistance, American Fidelity Administrative Services (AFAS) was established. AFAS is proud to be a member of the American Fidelity family of companies.
Contact your American Fidelity account manager or AFAS for customized compliance assistance.