The complexities of employer compliance for the Affordable Healthcare Act have made employee benefits decisions considerably more time consuming and difficult. Not only do you have to figure out what’s best for the health of your employees and your budget, you must also learn to navigate a whole new set of rules and worry about whether or not you are in compliance with Federal requirements. The changing nature of the health care landscape makes it even harder to keep up. One day you’re in compliance and the next day— you’re out.
With all of this new information and responsibility falling on the shoulders of the already lean HR departments, it’s easy to understand why many employers aren’t even aware that they are out of compliance. At Employee Benefit Consultants, we’ll make sure you’re not one of them.
Non-compliance can have serious consequences. In addition to raising a red flag with the Department of Labor, it can also become an extremely heavy financial burden due to fees and fines.
The cost of providing employee benefits is high enough. Let us be your guiding light in the darkness of the ACA.
We can help you with:
- Policy reviews
- Compliance & audit resources
- Staying current with alerts and news updates
- Audit services
- Pay or play
- Employee tracking
- Affordability safe harbors
- ACA reporting (6055 & 6056)
- Determining qualified benefits
- Cafeteria plans
- DOL audits
- HIPPA / COBRA / ERISA / FMLA
- Summary plan descriptions
We’ll minimize your expenses and your risk by providing you with the resources you need to offer full benefits while being in full compliance.