Mark Farrah Associates’ 5500 Employer Health Plus Simplifies the Analysis of Employer Health and Welfare Benefit Plans

Mark Farrah Associates’ 5500 Employer Health Plus Simplifies the Analysis of Employer Health and Welfare Benefit Plans

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Mark Farrah Associates (MFA), www.markfarrah.com, presents 5500 Employer Health Plus, its latest providing of invaluable portals. This new instrument has been designed to simplify the evaluation of employer well being & welfare advantages together with medical, dental, imaginative and prescient, incapacity and different advantages. MFA’s 5500 Employer Health Plus uniquely focuses on well being & ancillary advantages bought by non-public sector employers and the relationships employers have with contracted insurers, directors and brokers.

The brand new consumer interface permits for each detailed and abstract degree knowledge retrieval. Knowledge sources embrace Kind 5500 filings and associated schedules for plans which have the indication of offering well being & welfare advantages. Massive private-sector employers offering well being and welfare profit plans topic to ERISA are required to file the annual Kind 5500 with the Inner Income Service. Kind 5500 is a major supply of employer details about well being and welfare advantages plans.

Key Options embrace:

  • Plan employer/sponsor key data and business classification

  • Retired & Separated Members

  • Most up-to-date submitting indicator

  • Insurance coverage provider standardization with father or mother firm groupings and NAIC plan ID

  • Filings class by business sector

  • Capability to investigate knowledge at an in depth and summarized degree

  • Profit varieties together with well being, dental, cease loss, imaginative and prescient, life, and lots of extra

  • Consists of key knowledge from: Kind 5500, Kind 5500 SF, Schedules A and A-1, Schedule C, Schedule H

  • Premiums, claims, profit plan participation and variety of insured

  • Brokers, charges and commissions

  • Self-insured versus fully-insured well being plans by employer

  • Person-friendly net interface with easy-to-navigate tables and obtain to Excel

For extra data, please name 724-338-4100 or e-mail prodmgr@markfarrah.com.

About Mark Farrah Associates (MFA)

MFA is a number one knowledge aggregator and writer offering well being plan market knowledge and evaluation instruments for the healthcare business. Dedicated to simplifying evaluation of medical health insurance enterprise, our merchandise embrace: Health Coverage Portal™, Medicare Business Online™, Medicare Benefits Analyzer™, County Health Coverage™, Health Plans USA™ and 5500 Employer Health Plus.

View supply model on businesswire.com: https://www.businesswire.com/news/home/20210225006074/en/

Contacts

Mark Farrah Associates
Ann Marie Wolfe, amwolfe@markfarrah.com

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