At My Benefit Advisor (MBA), we know that healthcare costs can swallow up a substantial portion of operations budget for every small business. We understand that healthcare costs, tax ramifications and compliance issues combine in making employee benefits one of the most burdensome tasks facing the small business owner today. When you engage MBA through one of our association-sponsored benefit programs, you’ll partner with an established leader in health insurance and administrative services. We have provided solutions to hundreds of associations and thousands of their members…and can help your business too. Here are just a few of the key advantages MBA can offer your business:
Effectively managing the programs and costs that comprise the portfolio often means the difference between success or failure of the company’s business plan. A benefit plan review and financial analysis can provide a clearer picture of just how well a portfolio stacks up. The benefit specialists at MBA have years of experience working with association members, tailoring programs to fit the specific needs of each employer group while providing many of the benefits employees disire at price points small groups can afford.
Assistance Navigating ACA and Compliance Issues
Modifications of the Affordable Care Act continues to unfold at what seems to be a continuous pace and business owners often have a difficult time keeping up with all the changes. Smaller groups are at a disadvantage since many lack the ability to invest in the time, technology and resources necessary to wade through all of the regulations and jargon. Through our in-house legal counsel, the team at MBA provides assistance with compliance related matters, including employer reporting, insurance regulations and more. Our objective is to make complex issues more understandable, providing you and your staff with interpretation, education and guidance.
Benefit Administration Technology
Our full-scale, proprietary, cloud-based benefit administration system is designed to make all employer oriented benefits administration and enrollment processes efficient, accurate and timely. Custom designed and tailored for the specific needs of our association members, it brings a wealth of administrative functionality normally only reserved for large groups down to even the smallest of our clients.
By facilitating the repetitive, time-consuming and often complex processes that burden employers, the MBB portal creates efficiencies through a rules-based, easy-to-use system. Our system includes consolidated billing, pre-formatted reporting, carrier audits, activity log tracking, and more.
Dedicated Call Center
Employers have access to the MBA Call Center, staffed by professionals with deep and extensive knowledge in all aspects of benefits, eligibility, claims and related customer service issues. All calls are recorded and issues are resolved promptly and accurately.
Voluntary Benefits for Specific Employee Healthcare Needs
Voluntary benefits are a great way for employees to personalize their benefits to accommodate their unique personal needs. Business owners can help employees target specific needs by providing a carefully planned portfolio of voluntary benefits. Through MBA’s exclusive contracts with many of today’s best benefit and service vendors, you have access to worksite benefits often reserved for large groups. By using any available experience data and input from the workforce, a worksite benefit program can be formulated to fill the gaps left by employer paid coverage.
As a small business in the MBA program, you will find benefit professionals eager to provide you with the same time, resources and commitment that many consultants only reserve for their larger clients. Let us show you how we can help meet your benefit challenges!