• Pittsford Village Green
  • 71 Monroe Ave, Pittsford, NY 14534
  • 585.248.5870

Benefits Blueprint

Compliance Bond Blueprint - Compliance

The cost of compliance can be expensive. As a Bond Benefits Consulting client, you will have the peace of mind knowing you are provided the following compliance documents/notices:

  • COBRA Administration
  • Initial COBRA Notice
  • SBC (Summary of Benefits and Coverage)
  • Notice of HIPAA Special Enrollment Rights
  • Pre-existing Condition Exclusions
  • Women's Health and Cancer Rights Act
  • Notice of Opportunity to Enroll in connection with Extension of Dependent Coverage to Age 26
  • Creditable/Non-Creditable Coverage Letter
  • Wellness Program Disclosure
  • Primary Care Provider Notice
  • Premium Assistance under Medicaid and The Children’s Health Insurance Program (CHIP)

EBCompliance

The need for companies to be in compliance has drastically risen as the federal and state focus of healthcare continues to increase.

Employee Benefits Compliance, Bond's sister company, is dedicated to assisting employers with navigating the complex rules and regulations of employee benefits. Without a thorough understanding of these rules and regulations, you're likely out of compliance, and unlikely to have budgeted for the consequences. EBCompliance is here to help! Our wealth of expertise and experience regarding benefits compliance will help your business avoid costly compliance penalties, without frustration or interruption to workflow.

EBCompliance offers a variety of compliance services.

  • S125 Premium Only Plan (POP)
  • Welfare Benefit Plan
  • Summary of Material Reduction (SMR)
  • S125 Amendments
  • S125 Premium Only Plan (POP) Annual Non-Discrimination Testing
  • Welfare Benefit Plan Summary Plan Description (SPD)
  • Summary of Material Modification (SMM)
  • 5500 Filing
EB Compliance logo

ACA Reporting

We’ve all heard about Affordable Care Act (ACA) reporting, wondering what it would look like and how the implementation would affect us. Bond can help you through these reporting requirements under section 6056 of the ACA, walk you through the actual IRS forms (1094-C and 1095-C) and assist you in developing strategies to track the required data, complete the forms and control your administrative burden. Reporting is only required for Applicable Large Employers (ALE) that employ 50 or more Full-Time Equivalent employees (either directly or through a Controlled Group). If your company is an ALE, you need to address this issue. Contact us to find out how.