Employee Benefits Solutions
At Sovereign Insurance Group we believe that strategic relationships are beneficial for our clients as we seek to meet their varied insurance needs. Through our partnership with JP Warner Associates we are able to offer our customers a full range of employee benefits services. Our goal is to provide timely, accurate, and creative solutions to fit your organization's culture and philosophies.
Business Owners, HR Managers, and CFOs are all facing difficult questions in this challenging employee benefits landscape. How is the Affordable Care Act going to affect my organization? What is a reasonable cost sharing agreement with my employees? What is good health insurance coverage? Is there a way to use pre-tax dollars today to help build medical cost savings for the future? Can my organization help address our employees' future retiree health care needs?
- Serve over 350 employee benefit clients
- Programs for group health, dental, vision, disability, and life plans
- Administrative services for Flexible Spending Accounts, Health Reimbursement Arrangements, Health Savings Accounts, Online Enrollment, & Plan Documentation
- Governmental Legistlation Services including Affordable Care Act Compliance, Health & Welfare Form 5500 completion, pre-tax payment of Qualified Expenses for FSA, HRA, HSA, COBRA compliance, HIPAA & FMLA compliance, Medicare Part D Rx
- Claims Tracking & Payment Audits
- Forecasting of Plan Expenses
- Marketing & Analysis of insurance & self-funding alternatives
- Contract & Service Agreement reviews
- Vendor negotiations & claims payment resolutions
- Plan design options for age 65+ employees & retirees
- CDHP (Consumer Directed Health Plan) recommendations
- Payroll Contributions Analysis