Employee benefit plans are regulated by many federal and state governmental agencies (Department of Labor, Internal Revenue Service, State Departments of Insurance, etc.) and subject to many federal and state laws. Most of these regulations are intended to protect the rights and benefits of covered employees and therefore, they often create additional responsibilities (and costs) for the employer sponsoring the plans. Some of the major legislative areas where we have considerable expertise include the following:
•
 Employee Retirement Income Security Act (ERISA)
•
 Internal Revenue Code (IRC)
•
 Consolidated Omnibus Budget Reconciliation Act (COBRA)
•
 Health Insurance Portability and Accountability Act (HIPAA)
•
 Family Medical Leave Act (FMLA)
•
 Medicare Prescription Drug, Modernization and Improvement Act
•
 Various State Laws Requiring Mandated Benefits Coverage
Brown and Brown Consulting constantly monitors the legislative environment to ensure that our clients have the necessary information to remain compliant with these regulations. DCG’s in-house technical resources and extensive research abilities, in conjunction with our relationships to several distinguished law firms; whose primary responsibility is to keep their clients informed of the most up to date federal and state regulations, have proved extremely valuable to our clients.
 

 

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