Benefits Administration
Benefits administration is challenging. Plan setup, enrollment, HIPAA and COBRA compliance are just a few of the considerations that employers must navigate to provide employees with a high quality benefits experience while also avoiding costly penalties for mistakes. Hiring a dedicated benefits staff can be expensive and burden an already busy HR department with additional duties that can lead to a wide variety of problems. Ensuring that you deliver a quality benefits plan that saves money, makes employees happy, and keeps you in compliance with State and Federal regulations is crucial. Outsourcing benefits administration with HRM can deliver peace of mind and a better benefits experience for employers and employees alike.
Featured Services:
New Employee Enrollment
New Employee Onboarding
Employee Communications
Invoice Reconciliation
Annual Open Enrollment
COBRA Administration
Benefit Broker Coordination
Comprehensive Worry-Free Benefits Administration
Benefits administration is complex and time-sensitive, and a significant drain on your HR and administrative staff. Staying informed on ERISA, HIPPA, ACA, COBRA, and other changing healthcare and employee benefit regulations requires constant vigilance and care to avoid costly mistakes. When you entrust your benefits administration to the professionals at HRM you free up your staff to focus on other business priorities. You can relax knowing that your benefits administration is being handled by HRM’s skilled team with years of experience in HR, benefits, and payroll administration.
We relieve the administrative burden of benefits administration.
HRM relieves the time-sensitive complexities of benefits administration—coordinating the day-to-day tracking, coordination, and reporting responsibilities, ensuring comprehensive employee communication, and reducing the administrative burden that often accompanies open enrollment periods.
We make sure your benefits programs are understood and valued.
HRM knows that your employee benefits programs are key to attracting and retaining highly engaged employees and distinguishing your organization as an employer of choice. That’s why we focus on providing exceptional support services to your employees – including helping them learn about and enroll in their benefits programs, assisting with election changes, and answering questions. HRM reinforces your organization’s commitment to the well-being of its employees by helping them understand the costs and value of the benefits programs.
We minimize risk for a compliant benefits administration program.
When you entrust your benefits administration to the professionals at HRM, you can be sure that your process is legally sound and compliant. The HRM team includes benefits specialists who monitor relevant regulatory developments and coordinate with other advisory professionals as needed to ensure that your policies, tracking and reporting remain compliant.
We work seamlessly with your benefits broker and payroll service provider.
HRM works seamlessly with the benefits broker and HRIS/payroll service provider of your choice to ensure that all employee information and benefits elections are tracked and stored electronically in your HRIS/payroll databases. We can also recommend local and national benefits brokers and HRIS/payroll service providers whose scope of services match your unique culture and needs. HRM excels at collaborating with your external service providers and internal systems administrators to achieve an efficient and streamlined benefits enrollment process that seeks to minimize hand written forms and transcription. HRM also coordinates with insurance carriers to ensure that your employees have access to all required benefits information, including summaries and collateral for benefit offerings, electronic enrollment forms, important provider contact information, and links to provider tools and websites.
