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• Competency 5: Analyze the effects of laws and regulatory agencies on compensation and benefits strategies.
  • Explain the FMLA in relation to employer issues of concern.
  • Explain COBRA in relation to employer issues of concern.
  • Explain HIPAA in relation to employer issues of concern.
  • Explain ERISA in relation to employer issues of concern.

Four acts—FMLA, COBRA, HIPAA, and ERISA—passed by Congress greatly
define the arena of benefits. For this assessment, complete the
following:

• Briefly define each of the four acts.
• Cite one current issue that employers should be or are concerned with for each act. In defining your current issues:
  • Describe why each is an issue.
  • Include an example of an organization that has violated the act.
  • Describe the violation and the penalties that were imposed.
  • U.S. Department of Labor. (n.d.) Continuation of Health Coverage (COBRA). http://www.dol.gov/dol/topic/health-plans/cobra.ht…
  • U.S. Department of Labor. (n.d.). The Employee Retirement Income Security Act (ERISA). https://www.dol.gov/general/topic/health-plans/eri…
  • U.S. Department of Labor. (n.d.). Family Medical Leave Act (FMLA). https://www.dol.gov/general/topic/benefits-leave/f…
  • U.S. Department of Health and Human Services. (n.d.). The Health Insurance Portability and Accountability Act of 1996 (HIPAA) Privacy, Security and Breach Notification Rules. http://www.hhs.gov/ocr/privacy/