FMLA, COBRA, HIPAA, and ERISA

Define FMLA, COBRA, HIPAA, and ERISA and describe a current issue associated with each.
By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:
Competency 5: Analyze the effects of laws and regulatory agencies on compensation and benefits strategies.
Explain the FMLA in relation to employer issues of concern.
Explain COBRA in relation to employer issues of concern.
Explain HIPAA in relation to employer issues of concern.
Explain ERISA in relation to employer issues of concern.
To deepen your understanding, you are encouraged to consider the questions below and discuss them with a fellow learner, a work associate, an interested friend, or a member of the business community.

The definition of family has changed considerably over the years. Who should be covered under these highly regulated benefits?
Should the definition of family be altered or deleted when structuring benefit plans?
Much of the rationale is directed at the unfair bias in benefits for traditional families versus nontraditional families. With a divorce rate hovering at 50 percent, an increase in the number of single households adopting children, and the debate over recognizing all committed partnerships, the issues are gaining more attention.
Does the current definition of family constitute an unfair bias?
Should the law change?
What is your opinion on this issue from a business standpoint?

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