With the Affordable Care Act (“ACA”) in effect, Cherry Bekaert Benefits Consulting (“CBBC”) has the expertise to help your company navigate through this new and uncharted territory. Our consultants offer an in-depth, seasoned perspective, as well as cost-effective solutions to anticipate, administer, monitor and evaluate any legislative and legal challenges your company may face.
A cost benefit analysis needs to go beyond the numbers. Before reaching conclusions and offering your company recommendations, several factors are to be considered, such as the competitive environment, labor market pressures, your workforce dynamics, total compensation mix and employee relations. Our broad expertise allows us to deliver “Business Smart” advice resulting in positive growth for your company.
In-house compliance experts ease the burden and anxiety of meeting countless employer requirements. From W-2 reporting, MLR rebate distribution and automatic enrollment to beyond, we’ll guide you on the right path.
Experienced analysts assess your company’s short- and long-term financial impact of all ACA provisions and medical cost drivers. Our financial modeling takes into account claims and utilization, employer penalties, safe harbor affordability testing, eligibility, tax deductions and your payroll tax-savings.
Healthcare reform is a work in progress. We write leading edge reports, host webinars and conduct seminars to help keep your company in the loop of regulatory guidance and legislative changes.
Our communications team has the capability and knowledge to provide your company effective presentations across multiple audiences from executive leadership, finance, human resources and employee groups. This helps facilitate understanding and informed decision making at all levels.
In the years ahead, the healthcare market will continue evolving. In response, our consultants make it a priority to keep your company well informed of the latest developments and trends, enabling you to make timely and appropriate adjustments as circumstances require. We continuously measure outcomes against stated objectives while remaining attentive to protect your company against any unintended consequences.
Cherry Bekaert Benefits Consulting, LLC is a Chernoff Diamond Affiliate. Chernoff Diamond & Co., LLC is a Managing Member of Cherry Bekaert Benefits Consulting. Chernoff Diamond & Co., LLC offers Investment Advisory Services through M Holdings Securities, Inc., A Registered Broker/Dealer, Member FINRA/SIPC. Check the background of this Firm and/or investment professional on FINRA's BrokerCheck. Chernoff Diamond & Co., LLC is independently owned and operated. Chernoff Diamond & Co., LLC, is a member of M Financial Group. Please visit mfin.com/DisclosureStatement.htm for further details involving this relationship.
Chernoff Diamond and their registered representatives are currently licensed to sell variable life and annuity products, as well as other securities products, in the states of California, Connecticut, Florida, Georgia, Maryland, Massachusetts, Missouri, New Jersey, New York, North Carolina, Pennsylvania, Virginia, Wyoming and Washington DC. Residents of other states should consult with a local registered representative for securities products.
Proper state registration is mandatory prior to conducting business in any state.