Resources and guidance to cut through the tangle.

Reporting and filing requirements, notification requirements, maintaining compliant offerings and navigating privacy considerations keep you busy. Keeping track of deadlines, on top of everything else, can be the last straw.We use our in-depth industry knowledge to make things easier on you by offering: In-house compliance professionals who dedicate their time to understanding the laws and regulations A compliance checklist developed by former IRS and DOL attorneys with an employer size- and type-adjusted compliance audit and links to model notices/action steps A web-based compliance portal with FAQs, a benefits compliance library and other resources, such as client-facing training webinars Proactive updates, including our biweekly Compliance Corner newsletter on federal and state regulatory changes, podcasts, and links to model notices and upcoming deadline reminders Healthcare reform modeling tools and resources featuring actuarial-backed tools for the employer mandate, plan design changes, excise taxes and moreCompliance can feel like an uphill battle. Fiduciary responsibilities aren’t getting any easier. Complying with privacy and discrimination laws isn’t always clear cut. Ensuring timely, compliant notice distributions is a logistical headache. Creating and communicating clear military and parental leave policies can be confusing, especially for companies that operate across state lines. That’s the tip of the iceberg, and the rules seem to be changing all the time.Let our dedicated compliance professionals help you steer clear of common pitfalls, avoid costly mistakes and clarify your compliance practices.

Innovations and advice to improve the day-to-day, day after day.

Benefits are one of the best tools companies have for maintaining employee happiness, but at many companies benefits management often feels like an uphill battle. Fortunately, strategic benefits administration support can empower HR professionals by cutting down rote labor and giving them time back for initiatives that make an impact.We have years of experience supporting HR departments at companies of various sizes all over the country. Our actuaries, legal teams, well-being experts and analysts can provide the backup you need to support a thriving benefits ecosystem that works for your demographics.Data Analytics SupportNumbers will never tell the whole story, but they can get pretty close. Our in-house actuaries and analytics specialists support your work by aggregating, analyzing and benchmarking your benefits data. The result can be used to create a clear picture of your current benefits landscape, including trends and risks.After our work to gather and interpret your data, we’re poised to offer evidence-based recommendations, and you have the information you need to make strategic choices.We also put our underwriting, data warehousing and medical claims expertise to work to offer: Rate equivalent development Incurred But Not Reported (IBNR) reserve analysis Plan design modeling Claims analysis (financial and clinical) Rx testing Financial forecasting/budgeting Employee contribution analysis (e.g., by tier and wellness offering) Internal underwriting and pre-renewal calculations Budget analysis and projection development M&A due diligence financial implication reporting ACA valuation Alternative funding analysis (e.g., self-funding, fully insured and combination) Stop-loss simulation and alternative analysisWe partner with clients by meeting regularly to go over claims experiences, exposure changes and administrative matters. On a monthly, quarterly and yearly schedule, we deep dive into plan performance reports.Benefits Administration TechnologyAnalysis, recordkeeping, research and review take time and resources. We’ve been in the game for a long time, and we can help.In benefits administration conversations, it’s hard to get away from HR technology, and for good reason: the right systems, customized to your needs, can marry easy reporting and analytics with convenient employee access and communication tools.That said, we’ve seen many capable HR professionals frustrated as they look for HR technology and solutions that actually make their lives easier. Research alone is a big time sink. Learning enough about the options to make an informed decision distracts from more pressing responsibilities.Outside support can help. Our solution review process is designed to be vendor-agnostic so you get a clear view of the technologies available.We offer: Benefits experience hard to find elsewhere A preferred-providers network with well-vetted vendors that lead the way in expertise, technology and support A proprietary decision support tool that makes it easier than ever to pinpoint your ideal providerOpen enrollment can be the worst time of year for HR. The NFP Benefits Call center can partner with you to pick up the extra burden of logistical questions during this time.We prioritize achieving personalized support that greets your employees on a first name basis. Our thorough documentation practices and regular reports keep you in the loop, and allow you to easily pick up where we left off after your busy season.Health and Well-Being ProgramsPoor health and financial stress can negatively impact employee productivity and, indirectly, your company’s finances. To equip your workforce with tools and support, we can connect you to leading vendors and assist as needed with strategic development.Learn more about our well-being support capabilities on the Health and Well-Being page.Benefits Compliance ResourcesOn top of the day-to-day work of maintaining benefits, ongoing compliance considerations can be a burden. Whether you’re a small family business or a company with multiple offices across state lines, compliance can get complex quickly. As companies evolve and laws change, it pays to have a partner dedicated to maintaining legal compliance.Keeping pace with change isn’t optional, so we make it as easy as possible by offering proactive compliance resources: A top compliance team: A dedicated team of compliance professionals follows, aggregates and disseminates the information you don’t want to be without. Compliance Corner: This compliance-focused newsletter arrives in your inbox whenever new legislation passes at the state or federal level. Web portal: Our industry-leading, web-based compliance portal helps you adhere to numerous federal health and welfare plan rules, and provides model notices you need to send out. Research team: These industry experts prepare annual industry reports, white papers, benchmarking studies, newsletters and other materials that will help you stay compliant and competitive. Seminars and webinars: Complex compliance topics made understandable. Need one-on-one compliance training? We offer that, too.Visit our Benefits Compliance page for a fuller picture of our compliance resources and capabilities.Communication SupportBuilding a benefits program tailored to your workforce is only helpful if your employees know how to take advantage of it.Professionals with experience facilitating engaging informational meetings and delivering concise, clear communications will support your efforts by ensuring that every employee understands the valuable benefits you’re offering them. This in turn boosts employee loyalty. Our experts have helped employees at countless companies to understand and utilize their benefits, and we can help you, too.Focus on What’s ImportantA partner in research and analysis, navigating current trends and managing the intricacies of compliance can improve outcomes for your company over time. You’re capable of juggling all the minutiae of benefits administration, but you don’t need to do it the hard way.

Foster growth. Harvest potential.

You know how important it is to work toward a happy and productive workforce, but you may be lacking the time and energy it takes to manage your HR infrastructure. You don’t have to choose between focusing on your business and maximizing your HR functions with our HR consultants as your partners. Our HR consultants have the HR services and HR technology at their disposal to make it possible to streamline the entire HR process from hiring employees all the way to retirement. Our experts in HR have the potential to impact every aspect of your business, from cutting costs and saving time to enhancing your employees’ well-being.If your in-house team has time-sensitive projects to complete, hiring HR consultants will help them get the assistance they need. If you’re considering investing in HR consulting, here are three key benefits.ExpertiseHiring an HR consultant will give you access to expert knowledge and skills you may not currently have within your HR department. Hiring an HR professional to fill a specific skillset can be time consuming and tax your company’s resources, but you can save yourself time and resources by working with our experienced HR consultants to get the right fit.EfficiencyRather than invest in countless hours of training current employees and hiring new trainers, working with a team who specializes in HR tasks can reduce the amount of time and resources needed to accomplish your HR goals. This lets you focus on your company and continue business as usual while still allowing your current staff to utilize their skills to the best of their abilities.PerspectiveDoes your company have too much on its plate or are you looking for new, better ways to deal with common issues? Having a third party’s outside perspective can help management make the best decisions possible. NFP’s HR consultants can coach and work with your company’s management to handle a variety of HR issues to help improve daily operations.NFP’s vast experience in the field of HR consulting give you access to in-depth analysis of choices, design, costs and the supporting due diligence needed for the successful implementation of any new HR initiative. We guide you with ongoing reporting and administrative services as well as monitor future obligations of your employee benefits plans.