Health Benefit Plans
Health benefit plans are available in a variety of types, including medical reimbursement accounts or insurance. Benefits may or may not include the dependents of the employee. In addition, dental and vision coverage may be an option. While most commercial plans fall under the jurisdiction of ERISA (Employee Retirement Income Security Act), many government contractors operate under the controls of the SCA (Service Contract Act), Davis Bacon Act, Prevailing Wage Laws, or Living Wage Laws. With the introduction of The Health Insurance Portability and Accountability Act (HIPAA)--which provides strict guidelines for both private sector and government employers regarding group health benefit plans--came the additional task of enforcement. While HIPAA is designed to protect the rights of all employees in acquiring and maintaining health care coverage, its enactment can be costly for the employer. Compliance Issues and Health Benefit Plans At The Boon Group, all of our services are HIPAA compliant and meet the standards of ERISA and ensure compliance with city, state and federal mandates. We have solutions for health benefit plans that will both satisfy the necessary requirements and provide affordable health benefit plans. Our alliance with national carriers gives us many options to create plans that fit within any budget. As licensed third-party administrators, we can evaluate your needs and design, implement, and maintain every aspect of your health benefit plans. Our years of experience in compliance with city, state and federal regulations regarding health benefit plans is available to help you cut the costs of providing for your employees. Contact one of our representatives for more information.
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