Federal and state compliance is a huge responsibility. Fringe Benefit Analysts delivers the solutions to satisfy the constant changing requirements and regulations within the industry. Our goal is to take the stress out of the process for you and ensure that you are always compliant, in case of an audit or inquiry into your processes.
Under the Patient Protections and Affordable Care Act (PPACA), commonly called the Affordable Care Act (ACA), employers are required to distribute the Summary of Benefits and Coverage (SBC) to all of their employees and to know the “ins and outs” of federal health care reform. We provide the tools to make these jobs easier.
Fringe Benefit Analysts has implemented several strategies and robust security safe-guards to ensure the protection of your employee data in compliance with the Health Insurance Portabiliy and Accountability Act of 1996 (HIPAA) and to help protect businesses from liability.
Under the Employee Retirement Income Security Act (ERISA), Department of Labor (DOL) audits are becoming much more common. Fringe Benefit Analysts generates documentation to help our clients maintain DOL compliance, thereby minimizing the potential for substantial fines and penalties.
Securing health insurance is easier than ever, but the requirements to notify employees and dependents of their rights under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) remains a daunting task. We maintain fully protected, outsourced administration to ensure total and timely COBRA compliance.
Human Resource/Distribution Requirements
FMLA, CHIPRA, GINA, WHCRA, MHPAEA, CMS, Michelle’s Law, Nursing Mother’s, etc. are all examples of recent regulations in the workplace that may affect your business and your bottom line, with many more regulations expected. Fringe Benefit Analysts clients receive an updated copy of additional mandatory notices as they are implemented, as part of our commitment to help our clients understand maintain these requirements.