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?