ExpertQuote Launches Healthcare Reform Consulting Services
Visit ConsultingHCR.com to mitigate your exposure to millions of dollars in ACA penalties
Silicon Valley (PRUnderground) September 2nd, 2015
In the midst of constant reform updates and emerging requirements, ExpertQuote, a leader in corporate benefits, is now offering customized health care reform consulting services to mid-sized and large employers. The requirements of the Affordable Care Act (ACA) are extremely complex and its legal implications extend to ERISA and the Internal Revenue Service Codes. The Department of Labor (DOL), Health and Human Services (HHS) and the Internal Revenue Services (I.R.S.) are releasing new information and mandates on a weekly basis. Unless an employer has a dedicated compliance officer on staff, this barrage of information has the propensity for exorbitant fines and penalties for misinformed or uninformed employers.
Raj Singh, COO of ExpertQuote said “The ExpertQuote Healthcare Reform Team has developed a comprehensive Strategic Planning Program ™. We will provide customized legislative and regulatory requirement checklists, benefit plan design review and assessment, tailored employee communications including wrap plans and SPDs as well as IRS filling guidance.” Further, he stated, “Particularly for 2016 reporting, large employers must adopt a proactive strategy with Health Care Reform Compliance in 2015. Otherwise, employers run the risk of waking up after New Year’s celebrations to realize they have only 160 hours to initiate reporting that requires months of planning”
ExpertQuote Insurance Services Inc. (EQ) of Silicon Valley California is a corporate benefits firm specializing in all aspects of group health insurance from high-tech startups to large firms including museums, auto-dealerships, banks, and public firms. EQ has the distinct privilege of representing the national hockey team, the San Jose Sharks.
In face of the ever increasing health insurance premiums, EQ has a proven strategy that is saving it’s clients from $100,000 to $1M+ a year on benefits expenditures. Given the current annual health insurance rate increases, premiums will double in seven years! The EQ solution is helping clients preserve and provide benefits packages in a competitive landscape for quality talent.
EQ has an extensive offering providing a full concierge model and complimentary benefit-administration platform. EQ will become your complete outsourced benefits team, handling open enrollments, employee questions, and carrier onboarding. Furthermore, EQ provides a complimentary PPACA & HR Audit through our ERISA Attorney & HR Specialist. For more information please visit www.ExpertQuote.com and www.EQSavingsSolution.com