Compliance

ERISA, HIPAA, COBRA and ACA compliance involves a complex set of laws that are jointly enforced by the Department of Labor and the Internal Revenue Service. At Gelin Benefits Group, we find most employer plans are ill-prepared for a health and welfare ERISA audit, because they lack planning and understanding. Gelin Benefits Group helps you develop and administer plans that comply with state and federal guidelines and regulations.

The costs of non-compliance can be staggering. Failure to provide plan documents, such as the Summary Plan Descriptions, can result in thousands of dollars in fines, accumulating daily, and can even carry jail terms. Failure to supply information to employees about COBRA can also result in fines and parties who sue are typically awarded attorney fees and interest in prevailing cases. Failure to comply with HIPPA regulations can result in maximum penalties per violation of $1.5 million, and with as many as 30 standards named in HIPPA compliance, the potential penalty can be significant.

Gelin Benefits Group will help you manage compliance by taking ownership of the necessary communications, forms, and record keeping obligations. We help employers remain 100% compliant with ERISA regulations and provide the defense employers need to successfully pass a Department of Labor audit.

Gelin Benefits Group will:

• Provide you with the required notices for Medicare Part D for your employees.
• Issue the Healthcare Reform notices that you are required to provide under Patient Protection and Affordable Care Act and Public Health Service Act mandates.
• Prepare your Summary of Materials Modification (SMM) and Summary Annual Report (SAR) if they are required.
• Facilitate your maintenance of all the required records for the mandated amount of time for compliance.
• Provide instruction and guidance to you regarding your required on-site record keeping.
• Complete all your required forms accurately and punctually.
• Prepare your required Plan Document and the Summary Plan Description so you can keep your employees informed.
• Provide your guidelines for disclosure of required information to your employees.
• Prepare and complete all applicable forms and schedules
• Obtain the necessary information from your insurance carriers to prepare your required forms and filings.
• Host monthly webinars featuring an ERISA attorney, providing you with updates on Healthcare Reform and other legal matters of interest to you in the benefits management world.
• Provide you an Audit Guarantee, so you can breathe easily knowing you’re in full compliance.

Gelin Benefits Group helps shield your company from serious legal and financial risk through the use of our specialized software solution. With it, we’ll help you navigate the new employee benefits environment and maintain compliance.

Gelin Benefits Group offers you a better way to manage health and wellness. For an initial consultation, contact Gelin Benefits Group at 1-888-960-6146.