SBMA offers industry-leading expertise, superior customer service and a desirable product suite. Our goal is to provide a one-stop shop for all our clients’ benefit administration needs.
1. An Affordable Alternative
Beginning with the provisions of the Affordable Care Act, many MEC administrators developed programs with unnecessary benefit add-ons, which created an unaffordable and unattractive MEC program. SBMA eliminates the unnecessary add-ons to provide clients with a low-cost MEC solution without excessive fees and add-ons.
2. Brokers & Agents
Many companies did not offer benefits prior to the federal regulations mandating group health coverage. As a result, agents and brokers with limited expertise in group health consulting were retained to create a compliant benefit solution. Our products are only offered through approved brokers and agents in the group health insurance industry.
3. A Complete Solution
Many organizations will implement a strategy without any regard to 1094/1095 reporting provisions. Our experts will assist, not only in plan administration, but also in the reporting of the benefits offered to the IRS.