JACKSONVILLE, Fla., Feb. 11, 2019 /PRNewswire-PRWeb/ -- The days of misplaced and outdated plan documents are in the
"It is becoming increasingly difficult for employers to meet increasing compliance deadlines and stay apprised of regulatory changes that impact language in plan documents," stated Michael J. Bracken, President of Medcom Benefit Solutions. "Our new compliance packages allow employers to stay focused on other more strategic initiatives, knowing that Medcom Benefit Solutions will guide and prepare their plan document and other related regulatory compliance needs."
The packages will allow Medcom Benefit Solutions to serve as a compliance resource for routine questions about ERISA Health and Welfare Plans. Employers will be proactively notified of regulatory changes using our new Compliance Alert Service. The packages will assist employers to stay on top of important compliance deadlines, such as Form 5500 filings, and ensure that their plans are not discriminatory.
As an added bonus, employers may receive additional financial incentives with other Medcom Benefit Solutions services, such as ACA Employer Reporting, Full-Time Employee Tracking, Flexible Spending Account Administration, Health Reimbursement Arrangement Administration, Health Savings Account Administration, COBRA Administration, Retiree Billing and Direct Billing Administration.
One of the innovators in bringing these new services to fruition, Derek Ashton, Director, Compliance & Actuarial Divisions, added that "Complex compliance requirements bring employers face-to-face with an ever-growing threat of costly penalties. Medcom's Starter, Standard, and Supreme packages offer a safe refuge by effectively mitigating risk and addressing ERISA requirements in a comprehensive and cost-effective way. These solutions make compliance achievable without a significant investment."
Contact Medcom Benefit Solutions today to review the new packages and get on your way to cost-effective compliance services! Please email sales(at)medcombenefits.com or call (800) 523-7542, Option 5.
About Medcom Benefit Solutions
Founded in 1983, Medcom Benefit Solutions has grown and changed with the economy and the workforce. Medcom Benefit Solutions is a leading employee benefits administrator and Health & Welfare compliance consultant, well-known for specializing in exceptional service and offering a variety of products designed to help employers meet the challenges of a rapidly changing workforce.
Medcom Benefit Solutions administers a variety of tax-advantaged benefit plans using sophisticated debit card technology to meet the convenience needs of participants and the administrative goals of employers. With a professional staff of specialists, Medcom Benefit Solutions offers exceptional products and services relating to:
To learn more about Medcom Benefit Solutions please contact:
Michael J. Bracken, President Medcom Benefit Solutions (904) 596-2239 mbracken(at)medcombenefits.com
SOURCE Medcom Benefit Solutions
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