Data Integrity & Accuracy: Does Your Benefits Administration Data Help or Hurt the Realization of Your Strategy?

Data Integrity & Accuracy: Does Your Benefits Administration Data Help or Hurt the Realization of Your Strategy?


Introduction

One of the most challenging aspects of benefits administration today stems from managing the many complexities of employee information from the perspective of preserving data integrity. When choosing an outsourced benefits administration provider – or auditing your current provider – it is important to assess that their underlying technology capabilities and infrastructure are capable of assuring data integrity and accuracy.

The only thing guaranteed for 2016 reporting is – Change!

The only thing guaranteed for 2016 reporting is – Change!

By Karen Bailey, Compliance Officer Empyrean Benefit Solutions

As we look to the year ahead in meeting ACA compliance with Pay or Play and the reporting requirements that support it, we fully anticipate changes on the horizon. Prior guidance reflects that some transition relief will be sunsetted. The IRS, per its usual course of business, is expected to issue clarification and perhaps even introduce new items related to the reporting.

Key issues when considering a private exchange strategy

Key issues when considering a private exchange strategy

By Rich Wolfe, CEO Empyrean Benefit Solutions

As the market for private exchanges in delivering health and welfare benefits has grown over the past few years, more employers than ever are considering if they should implement their own private exchange. If you’re one of those employers, I want to share some thoughts that hopefully will help you in your evaluation.

5 Myths about Outsourcing Benefits Administration

5 Myths about Outsourcing Benefits Administration

By Empyrean Client Advocate

Employers who may be exploring automated solutions for administering their employee benefits often let 5 common myths or misconceptions get in the way of their decision-making process:

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