Benefits Snapshot - 10/5

Written by Allison Loehman | October 5, 2017

Benefits Snapshot

Open Enrollment | ACA Compliance| DOL Audits

Every day on our LinkedIn, Twitter, and Facebook pages, we share need-to-know industry information for benefits pros. If you haven't joined the experts who follow us, here are the top stories from around the web:

Open Enrollment Strategy

You've prepped all year, and now open enrollment season is upon us. When it's time to engage employees in the benefits selection process, it may be time to take a cue from your marketing department. Using personas to tailor benefits packages to your employees can help increase enrollments and comprehension of your benefits plan. Brokers are an invaluable resource during enrollment as well - lean on their expertise during major plan shifts to get you through the "Superbowl of Benefits."

Affordable Care Act Compliance

Last week saw the demise of the Graham-Cassidy bill, the Senate's last effort to pass a repeal/replace measure before the September 30th deadline. Some employers believed due to an earlier executive order that the IRS would not enforce ACA reporting requirements. However, in a series of letters published this summer, the IRS reiterated its intention to enforce the employer and reporting mandates until new laws are passed.Are you prepared to comply? Our ACA experts held a panel discussing our full-service solution on Thursday; catch the replay here. If this will be your organization's first year as an Applicable Large Employer,our compliance expert has some advice to get your first year right.

DOL Audits

After a successful round of audits last year, the Department of Labor will continue to expand its program. Not sure what to expect? Get a one-hour download on everything you need to know from our compliance expert, attorney Larry Grudzien.

We'll be posting our expert strategies to help your open enrollment run smoothly; make sure you subscribe to stay in the know.

Topics: For Employers