1. (valid email required)
 

cforms contact form by delicious:days

HighRoads and bswift Partner to Deliver Employee Benefits Compliance Solution to Mid-Market Companies

April 10, 2012

HighRoads, the industry leader in SaaS-enabled (software as a service) employer health care compliance and benefits management, announced today that it has partnered with bswift, a national leader in software and services for employee benefits administration. Together, the companies are automating the creation of and change management for required Summary of Benefits & Coverage (SBC) and Summary Plan Description (SPD) documents to assure compliance with the Employee Retirement Income Security Act (ERISA) and Affordable Care Act (ACA).

SBCs are newly mandated documents required by health care reform that provide consumers with a specific and concise summary of their plan benefits. SPDs are also a federally required summary of plan benefits that must be distributed to employees, retirees and beneficiaries. These documents are important and required materials for employees reviewing their benefits plans and making critical decisions on whether to change their coverage. The ACA and the Department of Labor hold employers of all sizes equally accountable for complying with SBC and SPD requirements.

“The increased regulatory environment as a result of health care reform impacts small, midsize, and large employers equally,” said Michael Byers, CEO, HighRoads. “However, most smaller employers are out of compliance due to lack of resources. The HighRoads partnership with bswift now makes SBC and SPD compliance accessible and easy for small and mid-sized companies that may not have the in-house resources to develop the compliant materials that are required of them.”

“Our partnership with HighRoads now makes benefits administration, annual enrollment and compliance automation for mid-market companies available from a single vendor,” said Rich Gallun, CEO, bswift. “Companies of all sizes now have access to the same, proven compliance automation solution used by Fortune 500 companies. No longer do they need to fret over how they will become compliant with healthcare reform mandates.”

With this new partnership, bswift will now offer HighRoads’ QuickSPD, ACA Compliance Portal and full SBC and SPD management solutions. HighRoads’ QuickSPD solution is an intuitive online service that quickly develops ERISA-compliant SPDs for small and midsize businesses. For more information, please visit: www.bswift.com.

Latest News

Health IT Outcomes: Partnership Streamlines Submission of Preadmission Screening Forms

Binding Site Slashes Production Time and Saves Hundreds of Thousands of Dollars with Datawatch Self-Service Data Preparation

Datawatch and Tableau Partner to Speed and Broaden Analytics with Self-Service Data Preparation

Xcede Technologies Announces Collaboration with Cook Biotech Inc.

Finding New Life for Medical Waste. This is not a typical plastics recycling story.

Optics segment continues double digit growth in 2015

A&G Working on New Project with First Citizens Bank

AMP Agency Grows Integrated Media Team with Newly Appointed Leadership Team


Latest Newsletters

July 2016 – Mass Capital Announces a New Investment in The Cadmus Group, Inc.

April 2016 – Andrew DeLorey joins Mass Capital

March 2016 – Mass Capital announces a new investment in Valet Park of America

January 2016 – Mass Capital announces a new investment in Phillips Screw Company

November 2015 – Mass Capital announces a new investment in Triumvirate Environmental

September 2015 – Mass Capital announces a new investment in MedTouch

September Newsletter 2014

Mass. Capital Announces Addition to Investment Team


Archives