Medcom Benefit Solutions' actuarial services are designed to empower employers by providing the detailed information needed to successfully navigate through the complex world of healthcare benefit planning. Our analysis delivers an in-depth examination of current benefit policies, renewal options and future prospects. Armed with actuarial sound cost projections and risk assessments, employers are able to make cost saving decisions that will work proactively over the long term.
A Wrap Plan is the most efficient method of bringing health and welfare benefit plan documents into full compliance with ERISA and consolidating plans for Form 5500 filing purposes. Additionally, the Wrap Plan provides an ERISA compliant Summary Plan Description (SPD) for distribution to plan participants as required by federal law.
Your Cafeteria Plan plays a critical role in defining your benefit plan options and the tax treatment of employee contributions. Whether you have an existing Cafeteria Plan that needs to be amended or require a brand new Premium Only Plan, FSA, HRA, DCAP or Transit Plan Document, Medcom is well-equipped to provide this essential documentation in accordance with the requirements of ERISA and Healthare Reform legislation.
An employer's entire benefit program should be evaluated from time to time to identify and remedy any areas of non-compliance or exposure. Don't wait for an auditor to knock on your door! Let Medcom's compliance experts help you stay compliant by evaluating your full program and recommending proactive solutions.
Medcom provides complete Form 5500 preparation for Health and Welfare Plans, including the Summary Annual Report (SAR). We also offer expert preparation and consulting services for delinquent filings.
Complete Health & Welfare Compliance Documentation Audit
The ongoing implementation of the Healthcare Reform legislation has caused businesses across America to brace themselves for sweeping change. Among all the challenges the new legislation has brought to employers, uncertainty is perhaps the most difficult.
Medcom is committed to providing employers with more confidence when facing the uncertainty of Healthcare Reform.
Medcom's expert staff of compliance professionals are her to help employers face the challenge of Healthcare Reform. With over 33 years of experience, Medcom is equipped and ready to be your strategic partner, advisor and Healthcare Reform compliance specialist.
Please feel free to access our ACA materials.
Please feel free to access our Regulatory & Actuarial materials.
Please feel free to access our COBRA materials.
Please feel free to access our Fringe Benefit materials.
Medcom Benefit Solutions is a leading employee benefits administrator, well-known for specializing in exceptional service and offering a variety of products that are designed to help employers meet the challenges of a rapidly changing workforce. With a professional staff of specialists, Medcom Benefit Solutions offers consulting services relating ERISA compliance, COBRA adminstration, Flexible Spending Account administration, Health Reimbursement Arrangement administration, Retiree Billing and Health Savings Account administration.