1Q 2010 top story
SRP Offers NEW Service: Plan Documents | PERFECTED™
An Improved, Effective Approach to Plan Documents:
Third Party Administrators (TPAs) and their employer customers need legally compliant Master Plan Documents and Summary Plan Descriptions (SPDs) containing clear plan language about participant rights, available benefits and obligations under the benefit plan. Several companies offer services to generate these documents, but are either very expensive or generic and inflexible. The Plan Documents | PERFECTED™ service by Strategic Recovery Partnership Inc. (SRP) allows TPAs to now collaborate with experts and produce customized, attorney-approved health Plan Documents conveniently and easily.
Affordable
SRP delivers a leading edge approach to Plan Documents, extending a competitive rate that enables TPAs to then resell the services to its customers. No need to worry about variable rates based on Plan scope and details or additional service fees.
Flexible
SRP provides consultation and an efficient checklist process to produce customized documents. Gain objective analysis, seasoned advice, and a “no cost” Scorecard that rates the current documentation against benchmark categories including: clearly defined eligibility rules; dependent coverage; legal compliance; network usage; utilization review requirements; COB and subrogation; readability and ease of reference; and definitions.
First, complete a checklist to define the specific details of benefit design and administrative information necessary for a first draft. Then, upon Plan feedback and a subsequent modification, a final, thorough, easy to read and compliant document is provided for printing and/or electronic distribution. All Regulatory and Benefit amendments (up to three) are included per annual Plan.
SRP provides consultation and an efficient checklist process to produce customized documents. Gain objective analysis, seasoned advice, and a “no cost” Scorecard that rates the current documentation against benchmark categories including: clearly defined eligibility rules; dependent coverage; legal compliance; network usage; utilization review requirements; COB and subrogation; readability and ease of reference; and definitions.
First, complete a checklist to define the specific details of benefit design and administrative information necessary for a first draft. Then, upon Plan feedback and a subsequent modification, a final, thorough, easy to read and compliant document is provided for printing and/or electronic distribution. All Regulatory and Benefit amendments (up to three) are included per annual Plan.
Attorney Approved
With nearly 20 years of experience, SRP’s team delivers a sophisticated blend of experience—TPA claim benefits, technical writing, plan consulting, and ERISA-related attorney expertise. SRP can provide affordable, flexible Plan Documents from integrated expertise and varied perspectives.
With nearly 20 years of experience, SRP’s team delivers a sophisticated blend of experience—TPA claim benefits, technical writing, plan consulting, and ERISA-related attorney expertise. SRP can provide affordable, flexible Plan Documents from integrated expertise and varied perspectives.
Additionally, with SRP’s attorney review, you will avoid the risks of noncompliance, including penalties and damages from DOL audits, lawsuits, and insufficient understanding and inconsistent application of benefits by employees and administrators.
Call toll-free 855.557.5777
Email info@srpsubro.com
Email info@srpsubro.com