Compliance is Mandatory; Peace of Mind is Optional
and Guaranteed with CONEXIS
Are You or Your Clients at Risk?
COMPLIANCE is an integral part of employee benefits administration. Non-COMPLIANCE places employers at risk of fines and penalties should they fail to manage their employee benefit plans in accordance with ever-changing federal regulations and stringent reporting requirements.An employer deemed out of compliance with COBRA regulations can incur fines up to $200 per day per incident with an annual maximum penalty of up to $500,000 from the IRS.
CONEXIS’ fully compliant benefits administration solutions eliminate the potential risks and stress of administering these programs for employers.
CONEXIS Compliance and Risk Management
- Complete contractual indemnification from all fines, penalties, excise taxes, claims and attorney fees
- Real-time access to participant case notes to support management oversight by the employer group
- Proof of compliance is available 24/7 through our integrated Web-based system
- Online access to scanned notices and continuous eligibility updating for the employer, continuants and health plans
- Ongoing verification of COBRA eligibility
- Timely distribution of HIPAA Certificates of Creditable Coverage, COBRA election packets and other standard notices through our automated system ensures that all correspondence is mailed and tracked
- In-house compliance support and legal expertise