Compliance
Group Benefit Services, Inc. (GBS) has a Contracts and Compliance Department that is specifically designed to monitor regulatory and legislative developments at the federal and state levels. The Contracts and Compliance Department develop and send out monthly compliance newsletters to all of our clients to inform them of any changes that may affect their benefit plans.
As such, GBS is staffed with three compliance professionals to assist with carrier contracting, seminars, education and communication pieces. As well as research and resolution to issues for our clients and brokers.
GBS and the compliance department staff are members of several prominent trade associations such as SPBA and SIIA. GBS attends numerous seminars to maintain an excellent understanding of all legislative requirements.
GBS provides Summary Plan Documents (SPD) for all clients that are administered by us. As the industry dictates summary plan document changes, ERISA legal counsel and stop loss carriers are consulted to review and approve change.
To review articles that are sent to our clients and brokers, click one of the links below.
