Compliance support made simple; Staying ahead without the stress
As a business owner, you wear a different hat every day, maybe every hour. Navigating the complex world of employee benefits compliance shouldn't be one of them. When you work with Gallagher to design and implement your employee benefits program, we help you stay compliant, competitive and confident; so you can focus on what matters most: your business and your people.
From ERISA and HIPAA to COBRA and the ACA, small employers face a wide range of regulatory requirement, many of which vary based on employer size. As your business grows, we can help you explore and identify the right employee benefit menu for your growth. Whether you're exploring level-funded health plans or considering an HRA, we help you understand your plan obligations and avoid costly penalties.
When you work with our benefits team, you get full access to our compliance counsel who can provide:
- Clear guidance on which federal benefit laws apply to your business based on size and structure
- Customized strategies to meet compliance requirements without overextending your resources
- Ongoing updates on regulatory changes that could impact your benefits program
What we offer
Professional consulting: We collaborate closely with small employers to help you identify and reduce potential risks for your business. Our compliance consulting team offers strategic advice on plan design and keeps you updated on evolving regulatory requirements.
Plan document solutions: Our Plan Document Solutions ensure you stay compliant with ERISA requirements. We provide comprehensive wrap plan documents, detailed summary plan descriptions (SPDs), and necessary summary of material modifications (SMMs). Plus, we offer support for Form 5500 filings to streamline your compliance process.
HIPAA privacy and security: We help you navigate HIPAA Privacy and Security by developing tailored policies and providing training for your team. Our services include conducting thorough risk assessments and managing potential vulnerabilities, as well as drafting Business Associate Agreements to ensure compliance.
Regulatory resources: Stay updated with essential regulatory resources such as our Small Employer Compliance Guide and the Federal Requirements by Employer Size. Additionally, explore our COBRA Compliance Guide along with key considerations for self-insured health benefits.
Want to learn more? Contact our small business benefits consultants today!