Recently, the DOL has been using its investigative authority to enforce compliance with the health care reform law, or the Affordable Care Act (ACA).

 

Traditionally, DOL audits of employee benefit plans have focused primarily on retirement plans, such as 401(k) plans. However, now that the DOL has started enforcing compliance with the ACA, health plan audits are on the rise.

 

According to the DOL 5 out of 8 investigations in 2014 lead to negative results and penalties and corrective measures taken.  Not only can an audit lead to monetary loss it can also be stressful to your business and an audit can take a very long time. Now is the time before you are audited to prepare and analyze your business.

 

Take our guide, it is designed to provide you with an overview of why certain health plans are selected for audit and what you can do to prepare for an audit and reduce your risk of being audited.