1: Introduction and Regulation
At this end of this module you will be able to:
- describe the significance of federal regulation on benefits administration
- explain the legal and strategic importance of benefits programs
- relate the value of benefits to the compensation and benefits package
- identify laws that impact employee benefits programs
Module 1: Key Terms and Concepts
In this Module we will focus on introducing employee benefits as well as reviewing the regulations employee benefits must be compliant with.
Key Terms in this module include:
- PPACA - Patient Protection and Affordable Care Act
- COBRA - Consolidated Omnibus Budget Reconciliation Ac
- HIPAA - The Health Insurance Portability and Accountability Act
- ERISA - Employee Retirement Income Security Act
- FMLA - Family and Medical Leave Act
Key Concepts in this module include:
- Legally Required Benefits
- Discretionary Benefits
- Creativity of Benefits
- Lower Cost Benefits