Innovo has your back! While we do educate our clients on the practical application of benefits compliance, we go beyond that. We actually do the work. That frees up your HR resources to devote more time to being available for your employees.
Our benefits compliance services — augmented by technology that provides customized, real-time updates — include plan documentation and notices preparation, annual 5500 reporting, and in-person reviews and updates. We have deep experience and in-house knowledge and can help you navigate federal, state, and local benefits laws, including:
- Federal COBRA and state Mini-COBRA
- The Affordable Care Act
- IRC Section 125
- Family and Medical Leave Act (and other state/local rules)
- Health Insurance Portability and Accountability Act (HIPAA)
- Women’s Health and Cancer Rights Act
- Newborns’ and Mothers’ Health Protection Act
- Medicare Part D
- State disability rules
With several companies and hundreds of employees to manage, we need strong partnerships to ensure our benefits programs remain cost effective and compliant. Innovo has a unique ability to manage our benefits costs while guiding us through the myriad of state and federal benefits compliance issues.
They are creative thinkers and provide education and support in a very practical, patient, and easy-to-understand manner. After having worked with other benefits consultants over the years, we feel very fortunate to have found our partners at Innovo.
When it comes to ACA compliance, Innovo didn’t just send me a link, connect me to another party, or just share someone else’s presentation. They sit down with the team, explain the rules, answer our questions, and provide us with practical consulting advice on how to apply the rules to our specific business.
When it comes to employee education and open enrollment support, there is no better partner.
Does this sound familiar?
Don’t tell me … another required notice?
Having trouble justifying the value of all those notices and changing requirements? What are you missing? How would you do if the U.S. Department of Labor (DOL) sent you an audit letter?
Innovo provides benefits compliance assistance across multiple channels and through multiple stages. Starting with an in-person kickoff and leveraging multiple checklists and information garnered from actual DOL audit letters, we assess your current compliance stance. In the succeeding stages, we utilize our experience to identify "soft spots" and areas of concern, then partner with you to remedy any gaps.
With decades of success in corporate environments and an acute knowledge of evolving compliance issues, Innovo helps you address the benefits compliance details before they become an issue.
Let’s just wait for it to be repealed.… But what will replace it?
The Affordable Care Act (ACA) is certainly in flux — some pieces may remain, some may go. For what is left, the extent of enforcement will also be in question. We are active stewards for you through the changing tides of the ACA, applying our skills, judgment, and experience to help you understand the changing rules. Practical experience in a business partner — see how it can help simplify your challenges.
The Future of ACA: 4 Action Steps HR Leaders Can Take Infographic: 3 Things Employees Should Know About the Affordable Care Act