Benefits Administration

AlphaStaff provides guidance and support to help you navigate the complexities of employee benefits. Our customized plans are designed to meet the unique needs of your business. We will
provide you with comprehensive world-class benefit offerings allowing to attract and retain the best talent. We also oversee the  implementation and employee open enrollment, alleviating the burden of this overwhelming and complicated process.Benefits Icon

Unlike most outsourcing companies who offer only one master health plan solution, we recognize your business is unique and your employees have unique needs. Through strong relationships with industry-leading carriers, we deliver and administer small or medium-sized businesses with Fortune 500 style insurance coverage- including comprehensive, attractive employee health, welfare, and supplemental insurance options.

Additionally, all of our plans assist with ACA (Affordable Care Act) compliance, providing you with the guidance you need to appropriately measure and report in compliance with the Health Care Reform Law.

Want to keep your existing health plan? With AlphaStaff’s flexible solutions you can! AlphaStaff takes the hassle out of administering your complex benefit programs and offers you customized health insurance plans that meet the unique needs your business. When you and your employees join our worksite employees, your organization can enjoy a more reasonable and more predictable health care expense.

Our Employee Benefits services include:

Medical Plans (Master and Client Sponsored)

  • HMO
  • Open Access HMO
  • Open Access Point-of-Service
  • PPO/Indemnity
  • Qualified High Deductible Health Plans (HDHPs)
  • Limited Health and Accident Plans
  • Hospital Indemnity Insurance (GAP)
  • Minimal Essential Coverage (MEC)

Fully Insured Dental Plans

  • DMO
  • PPO/Indemnity

Fully Insured Vision Plan

Group Life Insurance

  • Employer Paid Life Insurance
  • Employee Supplemental Term Life Insurance
  • Spouse and Dependent Life Insurance

Group Disability Products

  • Employer or Employee paid Short-Term Disability
  • Employer or Employee paid Long-Term Disability

Group Supplemental Insurance Products

  • Cancer and Specified Disease Insurance
  • Critical Illness Insurance
  • Accident Plan Insurance

Individual Supplemental Insurance Products

  • Short-Term Disability Insurance
  • Permanent Universal Life Insurance
  • Renewable and Convertible Term Life Insurance

Tax Advantaged Accounts

  • Section 125 Premium Only Plans
  • Health Care Flexible Spending Accounts
  • Dependent Care Flexible Spending Accounts
  • Health Savings Accounts

Employee Perks

 

Enjoy easy implementation with our  Employee Benefits Administration services:

Benefits Management and Procurement

  • Design, negotiate, and deliver health benefits provided by indsutrying leading carriers or AlphaStaff-sponsored plans.
  • Assist with ACA (Affordable Care Act / Health Care Reform) compliance
  • Advise on the required reporting measures to the IRS as part of our ACA package*
  • Design effective employee communication programs and materials
  • Analyze trends to achieve cost-effective plans

Benefits Administration

  • Eligibility tracking
  • Online, telephonic, and paper-based benefits enrollment for new hire, life event, and open enrollment
  • Section 125 – Flexible Spending Accounts (FSA)
  • HSA and HRA administration
  • Enrollment and life event changes submitted to health carriers
  • Premium remittance and reconciliation
  • 5500 preparation
  • Issue 1095c employer and 1094c employee IRS reporting forms***

COBRA Administration

  • Initial notifications of cobra rights and obligations
  • COBRA qualifying event notices
  • Benefits enrollment for continuants
  • Premium invoicing, collection, and submittal

 

*ACA package my include additonal fees
**Harris Interactive and Principal Financial Group
***
As required by Federal Government

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