As regulatory compliance continues to increase in complexity, Medcom Benefit Solutions has designed a streamlined approach to meet regulatory compliance needs including, but not limited to, Form 5500 Reporting, Wrap Document Preparation, Nondiscrimination Testing, ERISA and PHSA Plan Compliance Reviews, and technical writing. Medcom continues to enhance its service portfolio, ever-improving integral technologies, client interfaces, and operating efficiency. Along with maintaining proficient staff and expert legal resources, these continued efforts enable Medcom to provide optimized solutions for employers seeking tax-advantaged benefit plans, ERISA compliance, and COBRA administration services.
We offer a dynamic new compliance management tool, Medcom Bridge, which addresses the compliance development needs of most employee benefit practices. Medcom Bridge allows brokers and employee benefit consultants to manage their compliance needs all in one place. Medcom Bridge focuses on the following critical areas:
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Despite changes to Health Care Reform legislation, Applicable Large Employers (ALEs) are still required to offer health coverage and report on the offer of coverage to the IRS or face substantial penalties. Medcom’s full-service ACA solution takes the burden off employers by providing a team of seasoned compliance experts to help simplify the reporting process. Medcom’s proprietary software generates reliable results and provides penalty projection assessments and affordability monitoring to help catch potential risks early. With Medcom’s full-service turnkey solution, comprehensive software, and expert staff we are able to design a customized experience to fit your needs. Our team leads the industry in customer service and satisfaction resulting in 100% of our client’s Forms 1094 and 1095 meeting IRS deadlines in 2015, 2016, 2017, 2018, and 2019.
Medcom Benefit Solutions is experienced and well-equipped to comprehensively handle your administrative needs. We possess in-depth knowledge of federal COBRA requirements and regulatory compliance. Medcom provides premium payment coupons, receives and tracks payments, and notifies participants of “short premiums” and NSF checks. Retiree Billing coupons can be customized for monthly, quarterly, or end-of-rate payments as well.
The Medcom Advantage:
Please feel free to access our Regulatory & Actuarial materials.
Please feel free to access our ACA materials.
Please feel free to access our Bridge materials.
Please feel free to access our COBRA materials.
Please feel free to access our HIPAA materials.