Lizeth GeorgeOur benefits consulting, administration, and compliance agency was built around changing the benefit experience which is typically: expensive, frustrating, and complex. Recently, some would add…unsustainable. LEVERAGE Benefits Group intentionally remains laser focused on every aspect of the employee benefits landscape for credit unions, which includes ensuring all benefit options are evaluated for each credit union or CUSO. It’s easy to stick with what you’re used to, but with LBG there is also expertise in a variety of ways to offer robust and flexible plans, using national networks that save credit unions and CUSOs significant amounts of money. This creates discussions around renewals where “no employee contribution increases” and “better benefits” can exist.
We also know your staff is strained. They are wearing multiple hats and with more compliance requirements and regulation that gets added each year, they need help. They need the day-to-day time constraints of administration lifted to allow them to focus on culture, strategy, and the overall wellbeing of your employee’s experience. Our mission is simple, to not only be an extension of your Human Resources department but to inspire, deliver, and amaze. That starts with making life easier.
Compliance Oversight Programs for Employers (COPE)
Keeping up with the ever-changing mandates of healthcare compliance can be challenging. Understanding the complexities of the Health Insurance Portability and Accountability Act (HIPAA), Consolidated Omnibus Budget Reconciliation Act (COBRA), and Employee Retirement Income Security Act of 1974 (ERISA) laws is no small feat, and specific mandates can cost you monetary penalties if you do not comply.
LEVERAGE Benefits Group can make compliance as easy as 1-2-3 with our COPE Solution. We’ve done all the work, navigated the changes, and will provide ongoing support to keep you and your company on track and compliant. This includes creating and filing required reporting on your behalf, mandated notice communication, and more.
Online Benefit Administration
Our in-house team builds, customizes, and maintains a state-of-the-art benefit administration platform that can integrate with various payroll systems. As your broker, we know your plans inside and out and can create a paperless online enrollment system that includes every detail of your plan setup. Waiting periods, termination rules, disability benefit maximums, salary changes, and more are all automated within the system so you can focus on your business.
Consolidated Invoicing
Since we manage your enrollment administration, we are best equipped to audit each carrier bill and create one detailed consolidated invoice. You pay one premium—once a month for all the benefits offered.
At LEVERAGE Benefits Group, we’re here to improve your benefit offering while improving the bottom line, simplify your processes, reduce costs, and provide the best white glove, personal service to you and your employees. Due to the various methods of cost savings, we make offering employee benefits sustainable and easy—that is our promise.
