SOLUTIONS
Wherever you are, our team is here to help.
All of our cutting-edge solutions are easily accessible to your business, regardless of its geographical location. Leveraging our advanced technology and in-depth expertise, we are fully equipped to deliver exceptional Health and Welfare Plan compliance solutions to clients across the entire United States.
Compliance Overview
With the assistance of our PlanTraq℠ technology, you will participate in a 30-45 minute phone call with a compliance consultant to review your compliance success. If our consultant deems your current efforts to result in a high likelihood of complete compliance, you will be congratulated on a job well done!!
Compliance Audit
Should the Compliance Overview call raise any red flags, our consultant will propose a Compliance Audit. This audit will leverage the "compliance" and penalty estimates generated by PlanTraq℠ to conduct a comprehensive review. This process will involve requesting and analyzing current plan documents, procedures, reports, notices, and communications. Subsequently, our consultant will compile and deliver a detailed compliance report outlining identified issues and suggesting remedial actions.
Ongoing Compliance Consulting
In today's Health and Welfare benefits compliance landscape, establishing a Fiduciary Oversight Committee is seen as a top recommendation. To offer continuous support to the committee, we will convene monthly via video call to ensure compliance. These sessions will involve assigning compliance tasks and monitoring their completion. An annual comprehensive evaluation will also be conducted.
By maintaining this structured and dynamic oversight process, we ensure that our Health and Welfare benefits remain in strict adherence to regulatory standards, thereby safeguarding the interests of all stakeholders involved.
We will refer you to various solutions providers based on specific needs. These solutions providers have been vetted by us to provide independent and objective services.
ERISA Counsel
Reporting and disclosure specialists
Accountants
Benefits testing specialists
Independent claims and eligibility auditors
Data analysts
Cost reduction specialists
Fees for services provided by solutions providers will be determined and communicated by them. It is anticipated that the cost to remediate a compliance concern will be more cost-effective than penalties, fines, and punitive amounts awarded by the Department of Labor, Internal Revenue Service, or courts of law.
Non-Compliance Remediation
Our dedicated team of consultants is here to help you with all of your Health and Welfare Plan compliance needs.
Let’s schedule a No-Cost Compliance Overview to rule out any necessary remediation.