Compliance
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Your Partner in Tailored Benefit Solutions
Today’s regulatory environment creates ongoing risks for an organization. The patchwork of state and federal laws governing benefits increases the complexity of compliance and puts employers at risk for penalties. Understanding the financial, operational, and strategic ramifications of those regulations is a critical, and core, aspect of benefits administration. It is not enough to know about the regulation, organizations need the tools to understand how to comply.
Parrott’s compliance team helps organizations define the “what” in a regulation but also the “how”. This includes assisting clients with educating, interpreting, and managing benefits regulations.
Parrott’s three pillars of policy

Guidance

Communication

Advocacy
Resources
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News: Compliance
Employer Resources: 2027 Open Enrollment
During the 2027 open enrollment season, employers have an opportunity to develop attractive benefits offerings and proactively communicate with employees
Health Plan Affordability Percentage for 2027 (Pay-or-Play Rules)
On July 21, 2026, the IRS released Revenue Procedure 2026-26 to index the contribution percentage in 2027 for determining the affordability of
2027 Creditable Coverage Determination Methods
Starting in 2027, plan sponsors will no longer be permitted to use the original simplified determination method to determine whether