Benefit CONSULTING: Benefits Compliance
Hanratty & Associates is serious about keeping clients informed about existing and new benefits trends and compliance. Our consultants stay abreast of the latest industry and benefits changes through the various professional memberships we maintain as well as through various industry publications including state and federal publications dealing with legislative and judicial law changes, agent bulletins from carriers and vendors, health insurance underwriters magazines, and Employee Benefits Institute of America, Inc. publications.
Our licensed insurance producers are required to maintain licensure through continuing education by the State of Minnesota. Also, Hanratty & Associates regularly supports educational opportunities to keep consultants/agents and account managers up-to-date in the benefits industry.
Hanratty & Associates maintains a strong relationship with attorneys from Gray Plant Mooty. Their lawyers are experienced and knowledgeable in the areas of fully insured and self-funded health and welfare plans in compliance with the Internal Revenue Code, Employee Retirement Income Security Act of 1974 (ERISA), Consolidated Omnibus Budget Reconciliation Act of 1986 (COBRA), Health Insurance Portability and Accountability Act (HIPAA), the Americans with Disabilities Act (ADA), and the Family and Medical Leave Act (FMLA). They monitor the latest compliance, regulation, laws and legislation related to employee benefits. In turn, Hanratty & Associates passes on the relevant information to you.
You can depend on Hanratty & Associates to keep you informed about administration and compliance as related to:
- Health and Welfare Plans
- Health Savings Accounts (HSAs)
- Health Reimbursement Arrangements (HRAs)
- Voluntary Employee Benefits Accounts (VEBAs)
- Flexible Spending Accounts
- COBRA
- HIPAA
- ERISA/Non-ERISA
- VEBAs