Don't Get Sued: Compliance In The CAA Era (with Sarah Borders)

“The CAA was the most significant piece of healthcare legislation that we've had since the ACA.” - Sarah Borders

Healthcare compliance, especially post-CAA, can be a complex thing for employers to navigate. There’s an increased level of scrutiny on employers, with heavy fees for those who don’t comply. 

This week on Self-Funded with Spencer I’m joined by Sarah Borders, co-founder of Benefits Compliance Solutions. Here are a few key takeaways for consultants:

• Understanding compliance: Navigating the complex regulations and avoid costly mistakes.

• Turning compliance into an advantage: Discover how you as a consultant can leverage compliance as a prospecting tool, saving clients from lawsuits, penalties, and headaches.

• Embracing the benefits of regulation: Understand the purpose of the CAA and how it exposes bad practices, ultimately improving healthcare for everyone.

Join us this week on Self-Funded with Spencer to learn how to not get sued.

Chapters:

0:00 - Meet Sarah Borders

6:37 - Sarah’s Journey To Compliance Expertise

14:05 - The Shift Towards Data-Driven Compliance

17:33 - Remote Work As An Entrepreneur

27:01 - Effective Communication = Effective Information

34:57 - Legal Repercussions Of Cobra Compliance

41:34 - Group Health Plan Compliance

46:20 - Yearly Attestation

54:04 - The Impact Of Regulations On Transparency

1:01:21 - Empowering Clients and Consultants

1:04:38 - The Impact Of CAA On Group Health Plans

Key Links for Social:

@SelfFunded on YouTube for video versions of the podcast and much more - https://www.youtube.com/@SelfFunded

Listen on Spotify - https://open.spotify.com/show/1TjmrMrkIj0qSmlwAIevKA?si=068a389925474f02

Listen on Apple Podcasts - https://podcasts.apple.com/us/podcast/self-funded-with-spencer/id1566182286

Follow Spencer on LinkedIn - https://www.linkedin.com/in/spencer-smith-self-funded/

Follow Spencer on Instagram - https://www.instagram.com/selffundedwithspencer/

Key Words: 

#insurance #compliance #industrytrends #ACA #caa #levelfundedplans #Cobra #CobraCompliance #grouphealthplan #ConsolidatedAppropriationsAct #attestation #regulations #consulting #futureofcompliance #healthcarecompliance #selffunded #selffunding #podcast

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