Course Summary:
Gain a better understanding of the legal issues and administrative best practices that need to be addressed during open enrollment.
Course Details:
Having an open enrollment season that actually educates employee about their employee benefits and encourages plan enrollment can be a challenge. With all of the various laws that apply to employee benefit plans, employers can run into costly mistakes as well as employee relations issues if mistakes occur during open enrollment. In this course, Jason Rothman, Partner and Attorney at Calfee, Halter & Griswold will break down open enrollment season strategies, the biggest compliance issues, how open enrollment has evolved, and what it takes to build something effective and penalty proof.
What You'll Learn:Why Open Enrollment Matters for Employers- Legal Risks
- Financial Risks
- Employee Relations Risks
Core Open Enrollment Documents- Required Documents
- Best Practice Communications
- Spd Considerations
Communications Strategy- Plain English
- Multi-Channel
- Practical Education
Plan Design and Administration- Core Principles
- Fiduciary Issues
- Emerging Issues