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ARTICLE · 31 JANUARY 2022

Data Privacy And Security: Key Concerns For Benefit Plans

Groom Law Group, Chartered
Groom Law Group, Chartered
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Groom Law Group, Chartered

Groom Law Group, Chartered

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In consideration of Data Privacy Day, it is the perfect time to take stock of retirement and health plan information.

United StatesEmployment and HR

In consideration of Data Privacy Day, it is the perfect time to take stock of retirement and health plan information.

Whether you work with your employer's retirement or health plans – or you are an enrollee yourself –  chances are you will need to access benefit plan data at some point. Benefit plan data can include more straightforward information, such as name, family members, and address – or more sensitive information, such as birthdate, Social Security Number, salary, and medical claims incurred.

Questions benefit plans should be asking with respect to plan data include:

  • Do you collect more information than required or retain information longer than necessary, possibly increasing your risk of a breach?

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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