The Vita team can also serve as an extension of your human resources department for employee benefits administration, providing high quality consultation and support services both for initial plan implementation and ongoing plan management and communication. This support includes:
Plan Design
We assist in the complex task of integrating your company's goals and budget with your employee benefits plan. This support ranges from thoughtful plan design to employee contributions theory, and from overall implementaion strategies to consulting on issues such as domestic partner coverage and numerous other compliance issues.
Plan Funding Alternatives
Many employers should consider a full or partially self-funded approach for certain benefit options. We have extensive experience in the design of creative, cost-effective alternate fundraising solutions, and assist in the development of appropriate plan funding alternatives. These alternatives include ASO, minimum premium, retrospective premium, participating premium, self-insured HMO, and other available arrangements We also incorporate adequate flexibility and reporting to ensure the success of the plan.
Employee Orientation Meetings
Our standard service includes on-site monthly benefit orientation meetings for all new local employees. This helps ensure that each is familiar with and understands how to use their benefit plans, and adds value to the dollars the employer is investing in benefits.
Customized Benefit Summaries
We provide a customized summary of key benefits plan features for use by both employee and employer... an extremely valuable tool for recruiting purposes, employee education, and each family's reference.
Online Benefits Administration
More and more, Human Resources Departments are expected to be strategic contributors to the success of their companies' overall business objectives. This means HR must focus on building and maintaining the companies' most valuable assets: its people. Achieving this goal requires effective and efficient execution of the administrative responsibilities required of HR. Advances in technology are providing valuable tools to help HR departments reduce administrative workloads AND improve service to employees without sacrificing quality of output. Vita Companies, in partnership with ClearBenefits and several other companies, can help you address these challenges with a package of technology and services. Learn more.
Summary Plan Descriptions and Compliance Materials
Because employees benefits laws and compliance requirements are very complex, we are dedicated to educating and assisting employers to assure full compliance with all federal and state requirements. For example, we draft SPDs for the review of the employer's legal counsel to assure proper ERISA compliance.
Leave and Termination Policy Guidelines
When employees leave, or are terminated, we provide the support necessary to assure consistency between insurance contracts and employment policies and procedures, with consideration of FMLA and other state leave requirements to protect both employer and employee.
Problem Solving and Troubleshooting
We strive for perfection in the implementation and administration of all plans, but we do not live in a perfect world ... which is why we always stand ready to correct mistakes in a timely and compassionate manner. We routinely assist with all types of administrative problems, from helping individual employees with personal questions and claim resolution issues to auditing and enhancing billing procedures.
Claim Resolution
While the carriers we select typically process claims efficiently and accurately, errors do occur... and when they do, our staff assists individual employees in troubleshooting and expediting difficult claim situations.
Merger/Acquisition Consulting
With early intervention and consulting, we work with management to assure seamless benefit plan transitions and reduce unforseen liability.
UCR Oversight and Review
Vita conducts an annual blind survey to research carrier UCR values to assure that our clients are receiving the greatest value and benefit from available medical and dental plan options.
California Department of Insurance License #0581175
Securities offered through Liberty Group, L.L.C.
Member FINRA, SIPC, MSRB, Registered Investment Advisor
