Benefits Notes |

Employee benefits are an important part of every employees' total compensation package. The continuously evolving landscape in the areas of health care reform, retirement plan design, and executive compensation makes it difficult for employee benefits professionals to keep up with relevant developments. The employee benefits attorneys at Stinson Leonard Street provide human resources professionals, plan fiduciaries, actuaries, accountants, and others in the industry with practical and cost-effective assistance as they navigate through the complex laws, regulations and guidance that govern employee benefits plans. This blog highlights key developments in the employee benefits field and items of interest to our clients. Our Bloggers →

Benefits Notes Post

New Requirements for BAAs

By Angela Bohmann | June 21, 2013 in Cafeteria Plans, Health Plan

As many employers know, HIPAA rules require them to sign on behalf of their health plans Business Associate Agreements (BAAs) with the vendors who assist in plan administration. Many employers also know that earlier this year, the U.S. Department of Health and Human Services issued final regulations which will require updated BAAs by September 23, 2013 or September 23, 2014, depending on the circumstances. Among the plans covered by these rules are medical flexible spending accounts, other than plans that are self-administered and have fewer than 50 participants.

My colleague Blake Schofield recently published an Insight article for clients of our firm regarding the new requirements for BAAs. Employers needing to update their BAAs may find it of interest.