Drinker, Biddle & Reath, LLP
Five Compliance For Your Wellness Programs
Guest: Monica Novak
In prior episodes we have talked about how to "Transition from Financial Education to Financial Wellness", how "Financial Wellness is a Trend too Big to be Ignored" and we have even talked with Cisco Systems to learn how they designed and rolled out their financial wellness strategy. What we haven’t spent any time on is making sure that as you introduce or expand your financial or general wellness programs, you don’t run into compliance problems along the way! So, I was excited to have Monica Novak, an ERISA Attorney with Drinker Biddle & Reath join me on the podcast. Monica does a terrific job sharing her experience working with employers on questions and concerns on both financial wellness and more traditional physical wellness programs. As much of our conversation does focus on what can go wrong with wellness programs, I did want to share that Monica is a big fan of wellness and didn’t want some of the doom and gloom we chat about to scare anyone away from pursuing workplace wellness!
Monica A. Novak assists clients with a range of employee benefits matters, including health and welfare benefits, tax-qualified retirement plans and nonqualified plans. She routinely counsels clients on implementing employee wellness programs that comply with the various nondiscrimination regulations applicable to wellness programs – HIPAA, ADA, and GINA. In addition she helps counsels clients regarding the design, implementation and administration of benefit plans to ensure consistency with plan terms and compliance with the Internal Revenue Code and ERISA requirements, as well as the requirements under Health Care Reform.
Monica has spent the last eight years with Drinker, Biddle & Reath and prior to that graduated from Harvard Law School.