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BenaVest, a leading benefit enrollment service in South Florida, just released a new service that will help small to large companies deal with the ObamaCare Employer Mandate. The benefit enrollment company helps businesses meet their employees health insurance obligations by providing a full service solution.
For more information, visit: http://www.benavest.com.
BenaVest structures the corporate Health Insurance benefits of companies to be in compliance with the Affordable Care Act and helps implement those benefits depending on their needs. The benefit enrollment service covers all grounds that might otherwise be forgotten, which could result to hefty fines from the government for being non-compliant.
Joseph Gannon, CEO of BenaVest, says “Our benefit enrollment company is composed of professionals with over 50 years of combined experience in the insurance industry. Because of that, we have developed a new way of ‘beating’ the mandate. With the roll out of the Affordable Care Act employer mandate, which could hurt small to large companies if they are non-compliant, we made it our goal to help cover everyone’s interests, including the employees’ of businesses.”
The Employer Mandate started to take effect in 2015, where companies with over 100 full-time employees were required to offer 70% coverage of health insurance plan of full-time employees. In 2016, the number will rise to 95% coverage for companies with over 50 full-time employees.
The penalty for failing to abide by the mandate could cost employers to up to $36,500 penalty per year per employee, which could easily reach millions of dollars in a medium sized company. BenaVest aims to help businesses avoid these costly fines by helping companies fulfill their obligations in the easiest way possible with their new service.
BenaVest works with most health care carriers and plans are tailored for their clients. At present, they have covered 20,343 happy and satisfied employees. Visit the company’s website for more information about their service.
Release ID: 90521