We understand that the tasks associated with staying compliant appear to be never ending and at times are dismissed. So we will keep this quick but certainly not overlooked.
- Our HR system helps you fulfill ACA requirements by storing data you’ll need to complete required IRS forms 1094 and 1095.
- A system with checks and balances, confirming affordability and minimum value.
- Built-in communication tools allowing you to easily send healthcare reform and employee rights notices.
Staying up to date on the ever-changing Federal and State Compliance based laws is not easy. Let us alleviate some of the pressure from your business with our services and expertise in the Compliance field.
The Affordable Care Act has been one of the largest influencing factors in the employee benefits field since it was enacted in 2010. Knowing which parts apply to your business isn’t easy and being out of compliance can result in large fines. Our experienced team will bring you into compliance and keep you there.
The Employee Retirement Income Security Act also has many regulations regarding employer run health plans. If you do not file or provide your employees with the correct ERISA documents, you are at risk for heavy fines from the DOL (Department of Labor). Our ERISA experts and providers will make sure all plans are ERISA compliant.
COBRA and State Continuation
The Consolidated Omnibus Budget Reconciliation Act applies to businesses with over 20 full time employees. COBRA lets employees keep access to their employer’s insurance plans even after losing eligibility. But did you know that each state has its own laws that can extend and offer employee protection to smaller companies as well? Whether you want to administer COBRA/ Continuation in house or link up with the perfect provider, let The Medical Link make sure things are done correctly from employee onboarding to termination.
HR and Compliance support can not be solved with a cookie cutter approach. Whether it is Paid Family Leave, Sexual Harassment Training, or one of the above topics, the team at The Medical Link can provide council or link you with the perfect partner