1. How to stay ahead of regulations - out of penalties – Save more money NOW
A Panel Discussion

2. Panelist Marty Lieberman, CEO, BetterLife
Cecelia Harris SPHR, CEO, The Harris Resource Group
Dana Brunn CHRS, Regional Director, Total Administrative Services Corp (TASC)
Angie LaLoggia, Co-Founder, enhancedcareMD
Moderator: Joe Walsh, Benefit Consultant, BetterLife

3. This session will arm you with knowledge and valuable tools including:
ACA Compliance Requirements
ACA Mandatory Reporting Requirements
ERISA Compliance
Family Leave Act (FMLA) Requirements
Alternative Benefit Plans
Options that make more sense

4. Marty Lieberman CEO, BetterLife
What was your vision for BetterLife?
Provide better insurance and benefits options for fellow business owners in our industry
Options that offer savings to owners, yet still take care of employees
One stop shop for all benefit needs and analysis

5. Marty Lieberman CEO, BetterLife
What does BetterLife offer?
Cost saving solutions and strategies to combat rising healthcare costs
Products to expand benefit offerings at NO COST
Life Insurance, Disability, Med Gap, Cancer
FREE Review of existing benefit programs

6. Dana Brunn CHRS - TASC
Regional Director for Total Administrative Services Corporation (TASC)
Certified Healthcare Reform Specialist, Professional educator regarding tax-advantaged benefit plans
tax strategies surrounding employee benefit programs, specifically highlighting the necessity for compliance and tax savings for benefit plans

7. Mandatory Requirements:
1-19 employees – POP, ERISA, ACA, HIPAA
– POP, ERISA, ACA, HIPAA, COBRA
– ERISA, ACA, HIPAA, COBRA, FMLA
– ERISA, ACA, HIPAA, COBRA, FMLA

8. Compliant Questions:
Do the employees pay a portion of Health Premiums?
Have a Federal ERISA wrap plan document in place?
Individually distribute required DOL Health Care Reform and PPACA Notices?
If over 100 participants on benefits –filing Form 5500

9. Possible Fines for not complying:
Form 5500 – Civil Penalty $1100 a day
HIPAA - $100 per day
ERISA Plan Document request - $110 per day
ACA - $36,000 per year per non compliant employee
And many more

10. Cecelia Harris SPHR - HRG
The Harris Resource Group, LLC (HRG) is a company of dedicated and knowledgeable human resource professionals with more than 50 years’ experience
We integrate effective human resource processes, programs, and practices into daily operations to positively impact our clients work culture and bottom line.

11. The Facts- What the Experts Are Saying
Your company is in the TOP 4 industries of companies with high turnover rates. (Cornell University Study)
It costs upwards of TWICE an employee’s salary to find and train a replacement. Churn can damage morale among remaining employees. (Wall Street Journal)
Benefits programs, particularly health and dental insurance is the NUMBER 3 thing employees consistently complain about on surveys and in interviews. (HR Solutions, Inc. Employee Engagement Survey)
To attract talent and compete effectively, businesses should offer health insurance. (Forbes)
Human Resources department response to employees ranked NUMBER 6 as the thing employees consistently complain about. “Forward-thinking HR departments, responsiveness to employee needs is one of the cornerstones.”
Cost is the NUMBER ONE factor in the small business decision making process for offering health insurance. Further complicating the small-business owner’s already widely varied tasks, the overwhelming majority report that they personally are primarily responsible for handling their firm’s health benefits offerings. (National Small Business Administration, Small Business Healthcare Survey)

12. What Your Employees Are Saying
“Company believes in recognition for outstanding performances & offers decent pay for the industry.
High turnover rate in upper management makes moving up undesirable. Retail centers are not staffed with adequately.”
Senior Center Manager
“I have been working
full-time more than three years. Salary, good, but pricey benefits, no real structure, high turnover.”
Lead Specialist
On Health Insurance . .
“It's expensive ... way too expensive. After paying, I barely had a paycheck.”

13. A Case Study
PROBLEM: Company offers a traditional group plan to its employees and pays a percentage of the employee premium. The company is limited in the type of plan options it can offer employees, the premiums are extremely high, thereby adversely impacting the company profits and employee take home pay, and recruiting costs and employee turnover is high.
SOLUTION: evaluate benefits plans, offers alternative options to the traditional group plan
OUTCOMES:
Company achieves 75% savings in premiums, recruiting and retention rates increase
Employees take home pay increases, gain more choices in plan options

14. Compliant, Cost Effective and Creative Benefits
3 EASY STEPS
Engage with your own or Partner with HR Experts to evaluate your current benefits and Compliance Risk.
Choose cost-effective products that will offer employees choices, deliver more benefits for less and attract and retain employees.
Engage benefit options that deliver immediate value in $$$ and employee

15. Angie LaLoggia enhancedcareMD
We are a healthcare services company providing businesses and their employees with smart benefit solutions that create game changing healthcare savings for everyone.
We know how to navigate the ACA to benefit any size company.

16. Alternative Benefit Plans:
1-49 employees – options
Private Marketplace – Empower your employees
Self-insured Group Insurance –Empower you
Group Insurance
You are eligible for a voluntary wellness plan that delivers Healthcare Benefit options to employees at no cost to you PLUS $$$ savings per employee

17. Alternative Benefit Plans:
50 – 100+ employees – options
Self-insured Group Insurance - Empowering You.
Group Insurance
With either Group Insurance you are eligible for a voluntary wellness plan that delivers Healthcare Benefit options to employees at no cost to you PLUS $$$ savings per employee

18. Question and Answers:

19. Thank you for Attending Come see us at our Booth: Betterlife LLC
betterlifellc.org