Swift Kennedy Offers Compliance Guidance

Swift Kennedy Offers Compliance Guidance
Swift Kennedy Offers Compliance Guidance
Swift Kennedy Offers Compliance Guidance
Avoid Audits and Penalties

No matter what the future holds, business owners know that group health insurance regulations may change again sometime next year.  But in the meantime, employers can rely on insurance brokerage firms like Swift Kennedy & Associates to help guide them through the maze of federal and state regulations imposed by the Affordable Care Act (ACA), the Employee Retirement Income Security Act (ERISA), and other laws.

“Our job is to ease the burden of business owners so that instead of worrying about compliance with health insurance rules, they can focus on their organizations’ success,” said Jerry Calistri, Swift Kennedy’s President and CEO, who is a Certified Healthcare Reform Specialist.

Compliance Analysis and Documents

Swift Kennedy helps companies analyze their benefit plans for compliance with the ACA and ERISA in order to help them avoid time-consuming audits and stiff penalties for violations of these laws.  

For example, businesses that are plan administrators are required by federal law to maintain and distribute Wrap Summary Plan Descriptions (SPDs), which wrap around the companies’ certificates of insurance and benefit plan booklets.  They must also administer their plans in accordance with a written Plan Document, which they are required to send to plan participants and beneficiaries upon request.

To help with compliance,Swift Kennedy generates these documents for clients and provides information on how and when to send them to plan participants.

The agency also generates government-mandated Benefit Notices and Distribution Guidelines for clients.

What happens when regulations change?  “We inform clients about changes and give them guidance on how to comply with the new rules,” said Calistri.

Other Services

Other services provided by Swift Kennedy include enrollments, terminations, billing support, claims assistance, COBRA administration, payroll services, and virtual open enrollment meetings.  The firm also offers clients a virtual benefits administration system and a comprehensive online HR/benefits library that provides forms and information about recruitment, hiring, absence management, performance reviews, state employment laws, and healthcare reform.

Swift Kennedy helps businesses find affordable employee benefit plans, including medical, dental, vision, life, disability, and alternative funding options.  This full-service agency, which also offers individual and senior insurance products, has offices in Scranton, Williamsport, DuBois, State College, and Virginia Beach.

Jerry Calistri is President and Chief Executive Officer of Swift Kennedy & Associates.  He has over 20 years of experience in the employee benefits industry, including working at the Pennsylvania Employees Benefit Trust Fund in Harrisburg.  Calistri is a Senatorial Member and a PAC Board Member of Health Agents for America, as well as a member of the International Foundation of Employee Benefit Plans.  In addition, he is an active member and past president of the Mid Penn chapter of the National Association of Health Underwriters.  He can be reached at jerry@swiftkennedy.com.

Archive
Join Us
Youtube Icon
Linkedin Icon
Instagram Icon
Contact Icon