Employee Benefits Compliance
Employee Benefits Compliance
Making sure employee benefits are compliant is an important responsibility for any organization, requiring close attention to detail and a continuous understanding of current regulatory frameworks.
SIMA Benefits Group helps businesses to overcome the intricacies of regulatory requirements, keeping your employee benefits programs compliant and effective.
Employee Benefits Compliance Services
Explore our services to see how we can assist you in achieving full regulatory compliance with confidence.*
ACA Compliance Support
Our team is adept at providing ongoing support for ACA compliance. We offer ongoing support to keep your health plans compliant with ACA requirements including any applicable reporting and coverage obligations.
Plan Document Review & Preparation
Our team helps you maintain accurate and up-to-date documentation to make sure legal requirements are met and align with industry best practices.
ERISA Compliance Support
We offer assistance for ERISA compliance through our trusted consulting partners. We help you mitigate risks and avoid the potential penalties that are associated with ERISA non-compliance.
FMLA Administration Support
We connect you to support for FMLA administration to help your organization comply with the Family and Medical Leave Act. We work with trusted third-party administrators (TPAs) and assist you in getting set up to manage the process effectively.
HIPAA Compliance Support
We provide HIPAA compliance support that’s aimed at protecting the privacy and security of your employees’ health information. We work with trusted partners to focus on maintaining compliance with HIPAA regulations.
COBRA Administration Support
Although we don’t directly handle COBRA administration, we work with trusted third-party administrators (TPAs) and assist our clients in getting set up with them to manage the process effectively.
What To Expect When Working With SIMA Benefits Group
Initial Planning & Data Gathering
First, you provide us with your plan documents so our team can review your current benefits.
Prepare Request for Proposals
Based on your needs, we then put together customized RFPs and review them with you before sending to the carriers.
Analyze Carrier Proposals
Carriers send back their proposals and our team creates a summary of your options.
Evaluate Technology Platforms
From there, we determine if your company would benefit from a technology platform. We review the pros and cons of each platform.
Plan & Technology Selection
Together, looking at your plan options, we help you select the benefits that best meet your needs.
Employee Renewal Meeting
Our team presents the new plans at your open enrollment meeting. After, we are available for any questions.
Open Enrollment Ends
We submit your employee elections to the carriers. All you have to do is update your payroll deductions unless you have benefits technology that communicates with your payroll.
Plan Implementation & Ongoing Support
You made it! With open enrollment behind you, we are here to provide ongoing support for you and your employees.
Request A Consultation With Our Team Today!
Empower your workforce and optimize your employee benefits with expert guidance from SIMA Benefits Group. Discover how our tailored solutions can meet your organization’s needs and boost employee satisfaction.
Work With Our Team Of Employee Benefits Consultants Today
Our dedicated team is committed to helping you overcome the many challenges and complexities of meeting regulatory requirements.
Contact us today to schedule a consultation to make sure that your benefits are appealing to your employees while remaining compliant.
