COBRA compliance and review
- Insure proper administration
Fiduciary compliance
- Fiduciary designations
and authorities granted by the sponsors
and plans
- Persons or entities
acting as fiduciaries
- Participant appeals
processes
- Analysis and insurability
of the fiduciary exposure
Data analysis
- Plan eligibility
- Service-based benefits
(e.g. pension benefits, profit sharing
contributions, retiree medical eligibility
and premiums)
- Policies and procedures
practices
- Renewal Analysis
- Technological improvements
Workers'
Compensation
- Maximize management
of workers' compensation insurance costs,
improve claims management.
Employee Benefit
Program Assessment
- Review current policies
and procedures manual, to insure that
all appropriate guidelines are in place.
- Analyze and provide
initial surface recommendations of current
benefits package for renewal's
Form 5500 Assessment
and Reporting
- Assist Plan WSSC with
form completion for 2005-06 benefits plan
year.
- Lend assistance in
meeting Deadlines or filing for Extensions.
- Educate and train core
benefits staff on present and future document
preparation.
- Develop and impose
guideline tables to insure that WSSC does
not assess or impose penalties, and fines
for tardy filings.
- Insure the plan's summary
annual report discloses proper information
to participants and beneficiaries.
- Insure
that WSSC is complying with State and
local IRS guidelines as it relates to
5500 filings.
HIPAA Assessment
and Compliance
- Review current compliance
procedures; make recommendations for improvements
- Insure that WSSC is
Fully HIPAA compliant.
- Recommend and improve
and (potentially) implement data management
capabilities
- Through the introduction
of more improved methods of HIPPA Compliance
guidelines.
Cobra Administration
Assessment
- Insure that proper notification
materials to employees are in place.
- Analyze and insure that
WSSC's responsibilities to employees and
retirees are in compliance with Cobra
Administration guidelines.
- Coordinate
with current external Cobra Administrator
(if applicable)to provide actual data
and review for accuracy.
Medicare Part
D Assessment and Compliance
- Research current Medicaid
participants currently within the WSSC
- Provide documentation
support to all Medicare eligible staff
explaining Medicare Part D and it's procedures.
- Prepare side-by side
comparisons of the current employer-based
retiree Prescription drug/health plan,
and develop internal correspondence that
may be distributed to the retired staff.
- Develop
internal timetables and guidelines for
WSSC's HR staff to insure present and
future compliance.
- Provide guidance on
the filing procedures to avoid penalty
assessments.
-
Provide support in competing the Medicare
Part D Employer Subsidy Applications for
eligible
retirees.
Family Medical
Leave Act (FMLA)
- Insure that proper (bilingual)
notices are posted within WSSC as they
relate to FMLA to avoid penalties and
fines.
- Review and assist with
the current WSSC policies and procedure
manual concerning FMLA entitlements and
employee obligations.
457(b) Program
Assessment and Compliance
- Review current 457(b)
to insure state and local IRS and NASD
compliance.
Legislative
compliance assistance
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