Compliance

Keeping up with the complex and evolving rules and standards of today’s regulatory climate is a significant challenge. At Rose & Kiernan, our Compliance Team is equipped with the knowledge and resources to make sure you’re always prepared.

R&K provides a range of services and guidance for areas including Benefit Administration, Human Resources, the Affordable Care Act and ERISA Law for all health and welfare plans.

Education & Services

We maintain numerous highly-regarded professional certifications and provide a variety educational opportunities across Employee Benefits, Human Resources and Health Underwriting, including:

  • Webinars and seminars
  • Information Distribution, including our exclusive RK Benefit Alert highlighting breaking news and major changes in State and/or Federal laws
  • Timely reminders on distribution of annual required notices
  • ACA tracking and guidance for compliant plan administration
  • In-house training and ongoing support for our Exchange and other technology-based administrative platforms

Legislative Expertise

During State and Federal legislative sessions, we work to identify bills that could impact clients’ benefit plans. R&K staff also participates on legislative committees related to various professional trade organizations. For both, we track the progress of proposed bills, submitting comments to the appropriate agency or committee and notifying clients if bills are passed – highlighting any potential impact.

Regulatory Guidance

As part of an initial engagement, our Compliance Team will typically conduct a review to ensure you understand any requirements under ERISA and its various amendments, to include HIPAA, COBRA, GINA, and the ACA. If we discover that your organization could benefit from a more comprehensive compliance strategy, our team will work you to update or create necessary documents, including:

  • Plan Documents and Amendments
  • Summary Plan Description (SPD)
  • Wrap Documents
  • Form 5500’s
  • Employer Policies See also HR Support Services

Certain non-brokered services are regulated by NY Department of Financial Services and will require a separate contract or additional fees.