Benefits Administration Services
Honkamp Payroll provides your employees with a certified professional to answer or assist with benefits-related questions or issues. Outsourcing employee benefit administration removes the paper shuffle on your end, and increases employee satisfaction and understanding of your company’s benefit plans.
Outsourcing also provides an employee with a confidential resource to discuss medical related claims, making it easier for your company to be in compliance with the privacy regulations within the Health Insurance Portability & Accountability Act (HIPAA) and Genetic Information Nondiscrimination Act (GINA).
We can provide access to valuable resources to help enhance or streamline your benefits administration with solutions like:
COBRA Administration
Companies who employ 20 or more employees are required to comply with Federal COBRA regulations if group benefits are offered to employees. Honkamp Payroll can provide recommendations to service providers or assistance with the administration of COBRA.
FSA Administration
The Health Insurance Portability Act and surrounding privacy regulations make administration of Section 125 Flexible Spending plans in house very cumbersome and complicated. Honkamp Payroll can assist small or midsized businesses with finding a quality FSA service provider.
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