In this episode of Your Friends with Benefits, Chris Covill sits down with Decisely’s VP of Regulatory Compliance, Elizabeth Collins, to break down one of the most overlooked—and high-risk—areas of employee benefits: compliance.

From federal regulations like ACA, ERISA, HIPAA, and COBRA to varying state-level requirements, employers face a complex web of rules when sponsoring health coverage. Chris and Elizabeth unpack what compliance actually means, why it matters, and how it impacts businesses of all sizes—whether you’re offering traditional group plans or exploring options like ICHRA.

They also dive into the real risks of getting it wrong—from costly penalties and lawsuits to damaged employee trust—and explain how employers can stay ahead of evolving requirements.

If you’ve ever wondered what your responsibilities are (and how to avoid compliance headaches), this episode is a must-listen.