COBRA made easy – and compliant.
Staying on top of COBRA health care continuation is no easy task. Constantly changing rules and regulations only add to the challenge. And worse – since almost every aspect of COBRA is extremely time-sensitive, the consequences of dropping the ball can be dire.
We take the worry out of COBRA by taking on the administration, ensuring the compliance of your plan.
We promptly takes care of the necessary communications, notices, forms and recordkeeping. It even provides for the collection of premium payments connected with COBRA. Over all, it’s what you need to remain in compliance with complex federal regulations.
In addition to easy sign-up and access to our experts, we assume liability for all required procedures and regulations and provides easy to understand account reports.
ERISAEdge (ERISA Compliance)
ERISA (Employee Retirement Income Security Act) is a federal law that regulates group sponsored benefits called “welfare benefit plans.” ERISA requires companies offering group benefit plans to provide detailed reports, provisions of specific Plan features, and funding information, in addition to imposing a strict fiduciary code of conduct on those who sponsor and administer these plans.
Are you complying with these requirements? Failure to comply with ERISA requirements can be extremely costly through government penalties or employee lawsuits. Avoid these risks with our new cutting edge service – ERISAEdge! We bring years of experience in helping employers remain fully compliant with ERISA regulations and providing defense in the case of a Department of Labor audit.
Here’s what ERISAEdge does for you:
- Maintains all required records for the mandated amount of time.
- Provides instruction on the required on-site record keeping.
- Completes all required forms accurately and timely.
- Offers the flexibility to maintain separate ERISA Plans or bundle different benefits into a single Plan.
- Prepares and designs the Plan Document and the Summary Plan Description.
- Provides guidelines for disclosure of required information to employees.
- Prepares all applicable forms and schedules.
- Assists in obtaining necessary information from insurance carriers to prepare required forms and filings.
- Prepares the Summary of Materials Modification (SMM) and Summary Annual Report (SAR) if required.
- Assist with resolution in the event that your employee benefit plans are reviewed by the Department of Labor.
- Provides access to experienced employee benefits professionals.
- Provides an Audit Guarantee, Toll-free Customer Service, and 30+ years of experience in employee benefits.
Don’t run the risk of incurring penalties or lawsuits by missing important pieces of benefit plan compliance. Get the edge! Enroll in ERISAEdge today!
FMLAMatters (FMLA ADMINISTRATION)
FMLA (The Family and Medical Leave Act) is a United States labor law that gives eligible employees of companies with more than 50 employees the right to take up to 12 weeks of unpaid leave annually because of certain family reasons, such as the birth or adoption of a child or a serious health condition for themselves or a family member.
Everyday FMLA costs employers hundreds if not thousands of dollars in increased labor costs, lost worker productivity, and continued health care benefits. Not to mention the administrative burden employers face. More and more employers are realizing the value of shifting the time consuming administrative work and the legal burden of FMLA to a third party. Shift your workload to FMLAMatters! We have a proven track record of successfully helping employers decipher the complexity of FMLA administration, limit their risk and reduce their workload.
Here’s what FMLAMatters does for you:
- Consistent administration.
- Complete compliance with FMLA state and federal regulations, reducing legal exposure and cost.
- Complete tracking of employee leave, reducing money spent on employee benefits.
- Impartial and fair treatment of FMLA provisions.
- All-inclusive fees – no additional charges or hidden fees.
- Hold-harmless guarantee.
- Complete and centralized record-keeping.
- Access to experienced employee benefit professionals.
- Train supervisors and managers on company procedures and FMLA state and federal regulations.
- Full review of employment policies.
- Toll-free customer service.
- 24/7 online access to FMLA activity reports.
All the intricate elements of FMLA administration really matter, so enroll in FMLAMatters today!