Compliance with Massachusetts Healthcare Reform Simplified by New
Software from Benefit Corporation of America
Meets Challenging Demands of Massachusetts Healthcare Reform
Compliance Including HIRD Form Management
BOSTON (Business Wire EON/PRWEB ) May 12, 2008 --
Benefit Corporation of America, a leading provider of technology-enabled
services for the Health and Welfare employee benefit markets, today
announced the launch of ComplyPRO
eXpress™, a new web-based compliance
management solution focused on Massachusetts healthcare reform. ComplyPRO
eXpress™ offers unprecedented efficiency,
ease and control, enabling companies to focus on their own business
rather than on state mandated healthcare compliance activities.
The Massachusetts
Health Care Reform law, Chapter 58 of the Acts of 2006, has
attracted national attention for its carefully balanced approach and for
its early success. Mass health care reform has also brought a
challenging regulatory environment and accelerating healthcare
compliance requirements for any employer with more than 10 employees in
Massachusetts.
A recent Massachusetts Taxpayers Foundation study found that “the
regulations governing the plans are complex”
and that “a high level of compliance is
expected”, while further noting that “small
companies, in particular, may need to develop or purchase new legal,
human resource and payroll services in order to comply.”
ComplyPRO eXpress™ is a one-stop
web-based solution providing all of the services needed for
Massachusetts health care reform compliance at a very attractive price
point.
ComplyPRO eXpress™, offers four key
advantages: it saves time, it facilitates accurate timely compliance,
it's easy to use and it can help reduce costs.
While the Commonwealth Connector, the state agency chartered to assist
employers with compliance, has done an admirable job; the compliance
process is complex and well suited to self-service software assistance,
such as that provided by ComplyPRO eXpress™.
Massachusetts healthcare reform compliance requires knowledge of
Federal and state regulations, access to several state websites for
reporting and providing employee data as well as the regular production
and collection of specialized forms, called the Health Insurance
Responsibility Disclosure or HIRD
Form.
ComplyPRO eXpress™ performs all of
these compliance tasks automatically. All the employer has to do is
enter some basic data on each employee that is not covered by the
company's healthcare plan, and the ComplyPRO eXpress™
software does the rest.
“Our clients are facing the changing demands
of Mass health care reform, and they need speedier and simpler
compliance management tools to stay ahead,”
said Ken Phillips, President of Benefit Corporation of America. “Our
clients’ staff are already very busy with
other employee benefit tasks and they can use this kind of software help
and HIRD form printing and distribution support.”
"Mass health care reform compliance can be very expensive,
when you add up the expertise and services necessary,”
says Phillips. “Our approach is to leverage
the resources of the Commonwealth Connector and provide a very low cost
self -service software based solution that is also easy to use.”
ComplyPRO eXpress™, is available for a
subscription of $20 per month plus a fee per eligible employee. For
those employers that need personal assistance, to supplement the
self-service, there is the option to add concierge level support to the
software subscription for an additional $30 per month. "Our clients tell
us that the concierge service is like adding a compliance expert to
their staff, at a fraction of the cost," said Ken Phillips.
ComplyPRO eXpress™ has a strikingly
simple, web-based, intuitive interface designed for non-technical users.
It doesn't require installation or maintenance of software; all that's
needed is a web browser, so it can be accessed from any place, at any
time. ComplyPRO eXpress™ also provides
for the printing, distribution and collection of the required HIRD forms
directly from our service center. This eliminates any forms handling,
receipt or storage by our clients.
About Benefit Corporation of America
Founded in 1985 and headquartered in Natick, Massachusetts, Benefit
Corporation of America (http://www.bencorpusa.com/)
is a leading provider of outsourcing solutions for complex business,
employee communication and information management. BCA's services
include Cafeteria Plan creation, employee communications and data
management. Our focus is on employers that have employees in
Massachusetts or require multi-jurisdictional compliance for any of the
other states that are implementing similar healthcare reform initiatives.
Release Summary:
Massachusetts healthcare reform mandates compliance requirements for any
employer with 10 or more employees in Mass. ComplyPRO eXpress(TM)
self-service software enables full compliance, including HIRD Form
distribution, at a very low price point.
Keyword Tags:
massachusetts healthcare reform, mass health care reform, hird form
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