How is the Affordable Care Act (ACA) impacting your business? The flow of new rules and regulations continues to intensify. And with the ever-changing nature of these regulations from various governing bodies, businesses face a tremendous challenge meeting compliance requirements and navigating a complex web of constantly evolving laws.
Compliance is about more than prevention and guarding against risk. It's about navigating opportunities. Regulatory compliance is not just about playing defense. It also offers an opportunity to consistently strengthen your organization through strategic, proactive measures. Measures that can uncover value, even as they help assure compliance.
Developing a compliance strategy takes vision, knowledge, expertise, and a commitment to excellence that is often lacking through a large brokerage. MCG can help ensure your compliance operations are strategically integrated into your company's long-term business plan.
Elevate Your Compliance Communications
Good communication is a hallmark of trust. Your employees naturally look to you to explain complicated regulations and keep them informed of upcoming changes. The more understandable you can make your compliance communications, the more you will build trust between your company and employees. MCG can help by providing customized annual notices that your employees can understand.
How MCG Can Help
Regulatory compliance is one of our key business areas. Listed below are some of the regulatory compliance items MCG handles for our clients:
See our Regulatory Compliance Alerts in our News & Views section for more information on upcoming regulatory deadlines:
With the regulatory environment continually changing, compliance remains a moving target. MCG is here to help you stay ahead of the curve, with a relentless focus on adding value through regulatory compliance particularly when it comes to strategy and communications.
Click here to contact us or join our email distribution list and learn how MCG might serve you.
2017 brings much anticipated change for our nation and the laws that govern employee benefits. As always, the MCG team is committed to following legislative and regulatory developments as they occur, then developing a game plan and any modifications necessary to achieve your benefits goals. In 2017, we will continue to help you achieve your mission through our dedication to quality, integrity, and leadership in the areas of benefits cost control, compliance, and communications. MCG is here for you.
On Friday, November 18, 2016, the IRS announced that the due date for furnishing 1095-B and 1095-C Forms to individuals has been extended from January 31, 2017 to March 2, 2017. While the IRS has recognized employers’ need for additional time to gather and review 2016 data in order to prepare the 2016 1095-B and 1095-C individual forms, the deadline for filing the 1094 and 1095 forms with the IRS was not extended and remains February 28, 2017 if filing by paper, or March 31,…
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