Total Compensation Statements Employers go to great expense to provide health benefits. Employees many times do not realize the cost of their benefit package relative to pay. NewCorp will provide you with a personalized, accurate and concise communication piece for each of your employees.
Flexible Spending Account/HRA/HSA Administration
Communications Pieces
Claim processing
Monthly reports
Cut Checks or Advice to Pay
Debit Card Access
COBRA Administration
Initial Notice
Letter at Qualifying Event
Collection of Payment
Monthly reporting to Employer
HIPAA Privacy
Privacy Notice
Authorization to Disclose Health Information
Plan Certification
Plan Amendment
Policy Documentation
Business Associate Agreements
Employer/Employee Web Portal NewCorp will help you develop the website you and your employees need to streamline administration and the flow of plan information.
Health Newsletters Employee education about smoking, diabetes, heart disease can help reduce your claim experience and have a positive effect on your insurance costs.
Foreign Language Translation All employees should have a proper understanding of their benefit plan. NewCorp can provide translators with the proper liability insurance to ensure your program gets proper translation.
Audit NewCorp will review your claim experience over the past 3-5 years to provide feedback on renewal actions, scrutinize plan design, and give projections on future plan financial liabilities.
Additionally, an audit service (for larger groups) could potentially result in refunds from an insurance vendor, plan administrator, or healthcare providers to your organization.
Benefit Fair NewCorp can arrange for your vendors and local organizations to conduct health screenings, promote healthy lifestyles, and offer discounted services for alternative medicine, health clubs, and support groups.
Outsourcing/Administration/Record Keeping We can manage your overall program via online or paper-based methods. We offer eligibility, reporting, and fulfillment services for new hires, life events, and terminations.
Employee Surveys Employee surveys are a great way to determine what benefits are important in the mind of your employees. We can also evaluate utilization of the programs to calculate the cost to benefit ratio. Utilization reviews also enable us to counsel individual employees, when appropriate, to help them minimize their out-of-pocket costs.
Training NewCorp can conduct training sessions for your staff. We can provide customized administration manuals pertinent to your plan. NewCorp can provide training on ERISA, COBRA and HIPAA privacy.
Supplemental Employee Education NewCorp will arrange informational seminars for your employees ranging from healthcare to financial matters.
Employee Resource Locator Employees can call us to locate services such as day care centers and elder care.
Executive Planning NewCorp will provide your executives with unique financial advice from monthly budgeting to estate planning.
Plan Document Preparation NewCorp can work with your attorney or use a document preparation service to prepare ERISA compliant Plan Documents.
