Front-End Administrative Compliance Services
The Boon Group has strategic alliances with several national carriers to provide PPACA compliant major medical plans that are easy to implement for contractors. You can utilize one of these products to help satisfy your government contract or you can choose to keep what you have now and only use Boon’s administrative services.
The Boon Group®, in conjunction with Boon Administrative Services, specializes in providing independent third-party Fringe Allocation and Compliance Tracking Services to government contracting companies working on contracts that are subject to the Service Contract Act, Davis-Bacon Act, or similar state prevailing wage laws. By outsourcing these administrative functions to an independent third party, contractors typically can increase profits and help ensure compliance with the regulations.
Outsourcing Benefits Administration
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Track and account for fringe benefit contributions on an individual or average cost basis. |
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Prepare detailed reports for audit trail accounting and Department of Labor compliance. |
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Collect fringe contributions to serve as a single pay point and sends payments to all benefit providers. |
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Transmit monthly eligibility data to plan providers. |
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Maintain employees' fringe benefit account balance including hour bank and sick leave accounts. |
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Issue Summary Plan Descriptions and Plan Documents for self-funded plans. |
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