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In today’s job market, your employees are your single most important resource. Providing quality benefits is important in attaining and retaining the right employees. A large part of hiring and retaining employees often comes down to the benefits an employer offers. However, acquiring and maintaining a quality benefits package that is economically viable is sometimes a challenge.
Regulatory complexity can often add to your overhead expense, and consequently your bottom line. But don’t give up quite yet, Fringe Benefit Analysts can provide the following employee management tools to help control costs, and reduce your liability.
HIPAA COMPLIANCE KIT
Also known as the Health Insurance Portability and Accountability Act of 1996, Congress enforced compliancy regulations, and deadlines for meeting them. Fines and disciplinary requirements may be imposed on your company if criteria is not met on or before the scheduled deadline date. Are you conforming to these standards?
COST ANALYSIS
Renewals and prospective clients can benefit from Predictive Modeling. Changes, such as employees residing out of state or even the average age of employees within a company, can affect the pricing schedule of benefits.
BENEFIT POLICY ANALYSIS
Licensed underwriter available to perform detailed benefit analysis and suggest possible alternatives in lowering annual premiums.
FREE CENTRALIZED ADMINISTRATION
Management of your COBRA, State Continuation (aka mini-COBRA), Full-flex Cafeteria, and Qualified Retirement Plans. Adds no additional fees to your HR expenses.
FREE TRAINING
We provide informative seminars free of charge for our clients on such topics as COBRA, HIPAA, FMLA, Workers Compensation, HRAs, HSAs, to name a few.