Answer:
Federal government agencies issue thousands of rules every year. Congress enacts hundreds of laws annually. New regulations sometimes replace existing ones and sometimes they add more layers of complexity. If your business is required to follow these regulations it can seem overwhelming keeping up with all the requirements.
Penalties for not meeting industry requirements can be steep. For example, violations of Health Insurance Portability and Accountability Act (HIPPA) rules surrounding protected health information result in penalties of $100 to $50,000 per breach, with a potential maximum penalty of $6 million per year.
Penalties of up to $1 million can be levied for violations of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA). Thousands of Occupational Safety and Health Administration (OSHA) fines are issued in workplaces across the country, in amounts of a few hundred dollars to more than $1 million, depending on the severity and nature of the violation.
Given the extensive amount of rules, your business needs to comply with, staying up-to-date on regulations is crucial. Knowing the new requirements also can be challenging. Here are a few suggested methods for staying on top of the changing requirements and keeping your company compliant.
Regularly check sites for updated standards
Make it a habit to regularly visit websites that post updated standards for your industry. The Centers for Medicaid and Medicare (CMS), Department of Labor and OSHA sites offer many resources and provide regularly updated information on standards.
Join industry associations
Become a member of trade groups and associations connected with your industry. These organizations alert their membership to significant changes relevant to your business, and they usually can serve as a resource when you have questions.
Attend trainings, conferences, and seminars
Whether online or in person, attend regulatory training sessions and seminars as well as participate in conferences. You’ll expand your knowledge, learn new standards, get best practices for implementing the standards, and connect with industry peers.
Designate a compliance officer
Consider appointing a designated person to handle your business’ compliance matters. At the least, designate a staff person tasked with regularly checking for updates to relevant regulations.
Use software solutions
Implement policy management software or Governance, Risk Management and Compliance (GRC) software that helps automate policy-related processes. Software can help centralize your company’s compliance information, making it easier to track. Software vendors also will update you on relevant regulatory changes.
Subscribe to newsletters
Sign up for mailing lists and newsletters issued by law firms, legislators, regulatory agencies, trade organizations, and other industry-specific groups. Don’t forget to actually read those newsletters so you get alerted to changes in standards.
Outsource with experts
Partner with a reputable vendor who can provide expertise and up-to-date knowledge in a specific area of compliance. For example, outsource some HIPAA-related tasks to a company that will review your infrastructure and policies for compliance. Conducting an audit of your current practices can help identify areas of weakness in terms of compliance.
No matter the methods you choose to follow, it is essential that you find ways to remain current on compliance requirements. Failure to keep up-to-date can cost your company in fines, penalties, and other serious consequences.
Explanation:
Answer:
they rervew the laws
Explanation:
PLEASE ANSWER QUICK!!!!! I'LL MARK THE FIRST CORRECT ANSWER BRAINLIEST
Which of the following statements best explains why people in Latin America first began to practice Christianity?
A.
Native American traders converted to receive better trade terms with Christian merchants.
B.
Christianity was introduced after independence, and the religion quickly spread.
C.
African slaves brought Christianity with them to the New World.
D.
Catholic missionaries often forced native peoples to convert during colonization.
Please select the best answer from the choices provided
A
B
C
D
Answer:
I'm fairly certain it is D.
PLEASE HURRY I NEED HELP!!!
All of the following are reasons for the United States invading the country of Afghanistan in 2001 EXCEPT:
Group of answer choices
U.S. wanted to invade Afghanistan for its oil reserves.
U.S. attempts to capture terrorist mastermind Osama bin Laden.
U.S. begins campaign known as the War on Terror after responding to 9/11 terrorist attacks.
U.S. wanted to punish and remove the Taliban regime for supporting al-Qaeda terrorists.
NO ONE IS HELPING ME PLEASE IM FINNA CRY I SWEAR I BEGGING YOU PLZ!!!! THIS IT DUE TODAY!!! NO COPY AND PASTEING PLEASE (50 POINTS)
1.. What other inferences (conclusions) can you draw from the graph?
2.Which species of livestock had the largest population in 1500? Which species had the largest population by the end of 1590?
3.What conclusions can you draw about livestock growth?
Answer:
I think that rice is the most popular.
Explanation: because if you look at the other numbers they are smaller now if you look at Rice, Wheat, Sugar, and maize pay close attention at the numbers so you can easily elliminate maize, and sugar now you compare 567 (Rice) and 527 (Wheat) Rice is bigger than wheat hope this helps :)
On the second picture I think it's sheep 200,000 (ALWAYS COMPARE THE NUMBERS TOGETHER)
I hope I was a big help :)
How did the culture of each city-state become the national culture?
interaction
war
education
government
What is the rule of law? How does the rule of law apply in your daily life?
Answer:
The rule of law, therefore, makes sure governments and people act in accordance with the laws. Governments that operate under the rule of law are different than, for example, the absolute monarchies that ruled over medieval Europe, where the king or queen were not always subject to the laws of the land.
Explanation:
Why was the mummy of Ramses II flown to Paris?