Benefit Plan & HR Compliance

Navigating an Increasingly Complex Benefits Environment

Employer-sponsored health plans are subject to an increasingly complex combination of federal regulations, reporting requirements and fiduciary responsibilities.

StrateBen helps employers understand and manage the compliance requirements affecting their employee benefit programs while coordinating with their administrators, carriers, legal counsel and other service providers.

Our objective is to help clients identify compliance responsibilities, maintain appropriate plan documentation and stay informed as regulatory requirements evolve.

Compliance Support

StrateBen supports employers in areas including:

• ERISA plan requirements and documentation
• Affordable Care Act employer requirements
• Form 5500 preparation and filing support
• Summary Plan Descriptions and plan documents
• Section 125 plan documents
• HIPAA requirements
• COBRA administration oversight
• Medicare Part D and related employer notices
• ACA affordability and employer reporting requirements
• Consolidated Appropriations Act requirements
• Prescription Drug Data Collection (RxDC) coordination
• Gag Clause Prohibition Compliance Attestation coordination
• Mental Health Parity requirements
• Employee benefit legislative and regulatory updates

Compliance as Part of Plan Management

Compliance should not operate independently from the overall benefits strategy.

Plan design changes, funding arrangements, vendor contracts, pharmacy strategies and administrative decisions can all create compliance considerations. StrateBen incorporates these issues into the ongoing management and evaluation of the employee benefits program.

By integrating compliance support with strategic benefits consulting, employers can make informed decisions while understanding the regulatory implications of those decisions.