Lawsuits alleging mismanagement of health benefits continue to make headlines, highlighting the significant responsibilities and risks faced by plan sponsors. This session provides total rewards professionals and plan sponsors with practical guidance for meeting fiduciary obligations while mitigating risk.

Attendees will gain insight into how Springfield Clinic approaches fiduciary governance, including strategies for demonstrating compliance, managing risk, and ensuring plan oversight. Participants will leave with actionable approaches to assess, document, and strengthen their fiduciary responsibilities.

Key Takeaways:

• Understand the role of a plan fiduciary and the associated legal and ethical duties.
• Learn strategies for mitigating fiduciary risk and protecting your organization.
• Develop a process to assess and document how fiduciary requirements are being met.