Managing the risks and improving the cost effectiveness of employee compensation and benefit programs have always been challenges for organizations. The changing regulatory environment makes it difficult to continually maintain cost-effective, compliant programs without sacrificing employee benefits. Our Benefit Administration Services can assist your company in creating well-constructed benefits programs to bring value to your organization:
- Health reimbursement plan services help you to minimize the cost of providing traditional health programs by implementing high-deductible plans that help offset the high out-of-pocket expenses associated with other health plans while responding to your employees' changing needs.
- Flexible Spending Plan services assist in developing plans that allow employees to use pre-tax dollars for their specific care needs. This will allow your company to add to your employee benefits program while saving money for both your company and your employees.
- Pre-Tax Transportation Program services assist companies with implementing plans that allow employees to pay for their mass transit expenses with a portion of their salary before taxes. A well-structured program can provide a direct benefit to your employees and a cost-savings opportunity for your company.
- COBRA Administration and Compliance Program services can assist your company with staying abreast of the regulatory changes of the Consolidated Omnibus Budget Reconciliation Act (COBRA).
Whether you are just beginning to consider your alternatives or are already formulating plans, contact us to learn more about our Benefit Administration Services. We can help you align your benefit programs effectively with your corporate objectives, while delivering the greatest value to your employees.
To better understand... The Deloitte Tax LLP Difference - Benefit Administration Services
. (Requires Adobe Acrobat