HEALTH AND WELFARE LEGISLATIVE COMPLIANCE

Our in-house compliance expert is a valuable resource for our large and small clients. We understand that the complexity of the laws is confusing and ever-changing, which is why we provide assistance and guidance to our clients.

ERISA DISCLOSURE

There are some misconceptions in our industry when it comes to disclosure under ERISA for health and welfare plans. At the end of the day, it is employers and not carriers who are responsible to ensure they are providing participants with compliant Summary Plan Descriptions (SPD). Annual 5500 reporting is required for all employer groups with 100 or more participants in any health and welfare plan. This is often overlooked when a group has 100 participants in group life insurance but less than 100 in health insurance. Liberty can prepare both your SPD and in most cases your 5500 forms.

ACA REPORTING

Liberty clients may utilize a reporting tool we have available to prepare ACA reporting. We will act as a resource to help you understand these responsibilities and ensure you are equipped. Our compliance specialist also works with clients if they receive an inquiry from the IRS regarding ACA reporting and potential fines that may occur for failure to report and/or resolve issues caused by inaccurate reporting.

HEALTH RISK CONSULTING, ON STAFF CORPORATE WELLNESS SPECIALIST

Liberty realizes that complex and sensitive employee issues happen in every workplace. Through our Liberty client portal clients can access a library of comprehensive resources including access to HR professionals from around the country to assist our clients with the complexities of HR. Our Liberty Solutions Center saves employers time, resources, and money by housing volumes of information in one location.

This suite of resources includes compliance tools, multi-state comparisons for regulatory requirements such as paid leave requirements, benchmarking compensation, interview tools, and much more.

HR HANDBOOK AND CONSULTATION

Through our Liberty client portal, clients can access a library of comprehensive resources. This includes access to HR professionals from around the country to assist our clients with the complexities of HR. Our Liberty Solutions Center saves employers time, resources, and money by housing volumes of information in one location.

This suite of resources includes compliance tools, multi-state comparisons for regulatory requirements such as paid leave requirements, benchmarking compensation, interview tools, and much more.

ONLINE ENROLLMENT

Our solution assists our employer clients with open enrollment functions. The digital enrollment tool captures employee data, housing it in a central and secure location. This system includes EDI capabilities which simplifies the process for both HR and employees. And, with the aid of our app and web-based enrollment solution, employers can reduce the time and cost required for enrollment.

COMPLIANCE AUDITS

Liberty provides a comprehensive review to ensure our clients comply with DOL standards and filings, helping them avoid fines, penalties, and fees. Our compliance department works with clients to ensure they are ERISA, COBRA HIPAA, ACA compliant and that related disclosure and reporting requirements are all met.

The Liberty Advantage

EE BENEFITS EDUCATION

We understand that benefits are not benefits unless your employees are familiar with all you provide. Employee benefits are expensive, so we feel it is important to provide education and information on several fronts to assist your employees in becoming familiar with your organization’s benefits program.

ACCOUNT MANAGEMENT TEAM

Seasoned experts that work hand in hand with clients and insurance carriers, resulting in favorable outcomes for our long-term clients.

PLAN DESIGN

Creative plans designs and alternative funded mechanisms can provide savings for many employers. Our seasoned consultants will dig deep and work with our clients to seek opportunities for financial savings.

Get Your Comprehensive Risk Management Review

Contact us today for your free risk review and to discuss how we can help you accomplish your specific companies goals.

Liberty_expertise_office2_web_crop.jpg
hot_spot_point.png

ERISA DISCLOSURE

5500 preparation, summary plan descriptions, plan documents

hot_spot_point.png

ACA REPORTING

We assist you in understanding your obligations and sourcing options for required reporting.

hot_spot_point.png

HEALTH RISK CONSULTING

Our in-house wellness coordinator pulls resources from numerous sources to customize a wellness program that is right for your organization. Heathy employees are more productive and present, and they cost less in claims, which drives premiums lower.

hot_spot_point.png

HR HANDBOOK AND CONSULTATION

Liberty realizes that Complex and sensitive employee issues happen in every workplace. Having access to HR professionals and a comprehensive library for guidance is another Liberty Advantage Solution.

hot_spot_point.png

ANNUAL COMPLIANCE AUDITS

Liberty provides a comprehensive review to ensure our clients are compliant with DOL standards and filings, helping you avoid fines, penalties, and fees.

hot_spot_point.png

HEALTH CARE REFORM, ERISA, HIPAA, COBRA

Our in-house compliance expert is a valuable resource for our clients both large and small. We understand the complex laws are confusing and ever changing, which is why we provide assistance and guidance to our clients.