What Is Happening at Your WEB Chapter
At the national level, WEB sponsors webinars and offers publications and other resources to its members.
Chapters offer networking events for opportunities to meet face-to-face with other benefits professionals and educational events for opportunities to learn more about employee benefit trends, design, compliance and services.
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Featured Benefits News
The latest updates in trends, best practices and compliance
On January 6, 2017, the Department of Labor (DOL) issued the second substantive set of frequently asked questions (FAQs) in connection with the DOL's April 2016 final fiduciary investment advice rule and the new and amended prohibited transaction exemptions also issued in connection with the final rule (PTEs). This second round of FAQs follows the first set of FAQs issued by the DOL in October 2016. These FAQs focus on financial service provider issues, including clarifying the acceptability of several common compensation practices for 401(k) plan service providers and advisers.
The Department of Health and Human Services (HHS) announced a settlement of potential violations of the Health Insurance Portability and Accountability Act of 1996 (HIPAA) involving the subsidiary of a multinational insurance company. The subsidiary will pay $2.2 million to settle the potential HIPAA violations and must satisfy numerous requirements under the related corrective action plan (CAP).