Health Care Reform
As a result of the Affordable Care Act, workforce management face new compliance and liability risks. Many companies find it challenging to keep up with changing regulations and remain compliant. Platinum Payroll can help you navigate through changing Healthcare Reform legislation and manage your compliance.
Medical Coverage That Fits Your Needs
Contractors need medical coverage with the flexibility to handle the unique challenges they face: multiple job sites in several states, rapid employee turnover, multiple employee classes, seasonality, job interruptions, and complex administrative, accounting and compliance burdens.
A benefits provider who is unfamiliar with this unique market can overlook important issues, resulting in contractors spending more money and time on their plans, not to mention the possibility of the plan failing to comply with ever-changing government regulations.
At Platinum Payroll, we have years of experience designing and implementing major medical plans for prevailing wage contractors. We partner with some of the nation’s top carriers, and because our products are typically managed via multiple employer trust arrangements, we’re able to offer your company the benefit of being part of a larger group of contractors. This minimizes risk and liability — particularly for smaller companies. We customize benefit plans for non-union contractors.
Protecting Your Employees From The Unexpected
When your employees and their families are protected from unexpected expenses, they can focus on their jobs. The challenge has been offering these specialty benefits in a way that qualifies as a “bonafide” fringe benefit and that isn’t too complicated and time-consuming for employers to administer.
Platinum Payroll offers options that maximize company tax savings while providing quality benefits for your employees. In addition to medical coverage and retirement plans, we also offer:
- Health Insurance
- 401K Plans
- Dental Insurance
- Short Term Disability Income Protection
- Vision Insurance
- Long Term Disability Income Protection
- Critical Illness Insurance
- Group Term Life Insurance/AD&D
- Gap Insurance
- Employee Assistance Plans (EAP)
- Additional Specialty Benefits
