Employees can be your greatest competitive advantage. Are you using employee benefits and compensation to fuel your growth, strengthen your organization, and reduce your cost of risk? Let the Fee do the legwork for you. Whether it’s navigating the complexity of the Affordable Care Act (ACA), asking whether you should consider being self-insured, training your staff on filing critical reporting forms, or reviewing your benefits packages, we can help you find the benefits you want for your employees.
When Kansas-based signage company Luminous Neon needed help with their employee benefits program, they called Fee Insurance Group.
Can group benefits be a win-win?
Lori Likes explains how group benefits can provide an advantage to both the employer and the employee. Including:
Attracting and Retaining Great Employees
Showing You Care
> Affordable Care Act (ACA)
Are you using Affordability or Measurement safe harbors?
Is your plan affordable and offered to the right employees in the right time frame?
Does your plan provide minimum value and how do you prove it?
> Compliance Resources
Updates of the Affordable Care Act and how it pertains to your business
Review plan for current compliance with regulations including; other ACA mandates, definitions of spouse, COBRA procedures and FMLA
Provide alerts and other important, updated information regarding employee law and changing mandates
Recommend the most up to date notices in relation to required health and welfare plans
Section 125 plan review including discrimination testing arranged (when applicable)
> 6055 / 6056 Reporting
Assist with completion of 1094 and 1095 forms
Facilitate training and discussion with similar ALE’s regarding education on the filing of 6055-6056 forms
Create roadmap with timeline and strategy of tracking and reporting
> Annual Benefits Review and Bid Process
Self-Insured, Level Funded, Fully Insured
Life & Disability