Compliancedashboard is a web-based tool that helps employers understand their compliance obligations by giving them the information they need, when they need it. What’s more, it helps employers fulfill their compliance duties through an interactive email and follow-up system that monitors the progress of each compliance activity.
Are You Ready for Health Care Reform?
With the passage of healthcare reform, many questions remain about how this new law will actually be implemented. What appears to be certain is that it will increase the number of Federal regulations and mandates that employers must follow.
Minimize Potential Liability
By raising overall awareness of health and welfare plan laws, Compliancedashboard helps assure compliance, thereby reducing the risk of fines and legal action that can arise from noncompliance. It further minimizes an employer’s potential liability by:
- Establishing a reliable and verifiable compliance process
- Maintaining reports and audit trails to document an employer’s good faith compliance efforts
Save Staff Time
The federal laws that affect health and welfare plans are aggregated into one easy-to-navigate web site; saving countless hours of research and analysis. Even more time is saved through an automated compliance process that:
- Sends a notification when it is time to perform a compliance task
- Provides all of the relevant information and materials needed to complete the compliance task.
Reduce Administrative Costs
Compliancedashboard is not a substitute for competent legal advice; however, it allows companies to identify specific areas where expert advice may be necessary. Focusing legal research and counsel on just those areas can reduce legal fees and increase the value of the information received.
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