Managing and administering company-sponsored benefits can be confusing, time consuming and potentially expensive. Outsourcing this complex funtion frees up valuable resources and enhances the efforts of your carrier/broker relationships.
Eligibility – Track employee eligibility with notification reporting to both Company and employees within designated enrollment timelines.
Enrollment – Assists with employee carrier enrollments, form auditing, follow-up and onboarding, including payroll deduction set-up. Collection and electronic archiving of benefit enrollment forms.
Premium Reconciliation – Matches enrolled participants and participant deductions with Carrier invoices, including tracking and follow-up with the Carrier/Broker on adjustments, adds/deletes, and qualifying events.
COBRA – Service includes certified written notice, premium collection and remitted payment to carriers.
Section 125 Premium Only Plan – MosaicHR provides the Section 125 Election Form in the enrollment packet, administers and maintains plan compliance, including calendar year election notifications to all participants.
ACA – Consulting, compliance tracking and forecasting
Benefit Processes – Benefit delivery automation and standardization streamlines and improves communication throughout the organization.
Medical Support Orders – Includes initial responses, enrollment confirmations, and communication with appropriate court jurisdictions.
Medicare Part D – Provide required annual reporting to Centers for Medicare and Medicaid Services.
FMLA or Extended Leave – Assists Company in overall administration with initial employee notice, coordination of benefit premium collection, arrears payments and ongoing maintenance during the employee leave period.
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