Tag Archives: TPA

Connecticut Insurance Department Issues Bulletin on Data Security Requirements

We previously outlined the requirements of the Connecticut data breach law when it was amended in 2015, including the requirement to implement a comprehensive information security program (CISP). The law requires that Third Party Administrators (TPAs) and Pharmacy Benefit Managers (PBMs) must implement a CISP by October 1, 2017, and certify to the Connecticut Insurance … Continue Reading

How Secure is Your Retirement Plan?

Most employers are generally aware of their fiduciary status as a “plan sponsor” of an ERISA-governed retirement plan (e.g., 401(k) and 403(b) plans). In fact, the employer’s hiring of a service provider is in and of itself a fiduciary function for which the plan sponsor is liable and at risk for any imprudent selection made. … Continue Reading
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