Explore Our Employee Benefit Solutions
Clients have a wide variety of healthcare options based upon SCA employee needs, compliance issues, and corporate philosophy. From traditional primary medical insurance to Fixed Indemnity products with Minimal Essential Coverage (MEC), our plans will make the difference with your SCA workforce.
Using our suite of quality SCA health insurance plans and products, we can provide tailored benefits in either a fully insured or self-funded arrangement.
For contractors who have other type health & welfare fringe benefit requirements, we can provide benefit solutions that satisfy the mandate on a per hour basis.
All of our benefits satisfy the ACA and SCA requirements for full-time employees, and we even offer compliance for part-time employees desiring to fulfill their individual healthcare mandate.
SCA Benefit Options
Government contractors are required to provide a bonafide fringe benefit to each employee. The terms of this requirement are found in the employer’s contract with the government.
Since most of these mandates are a derivative of the hours worked by the employee in conjunction with the posted fringe rate, record keeping services are vital for contract compliance.
Proving to the DOL and your contract employees that fringe dollars were calculated and allocated correctly will always be a requirement for contractors.
We offer a wide variety of record-keeping and trust services for this process to ensure complete compliance with the DOL. Providing complete transparency will keep employees confident that their employer is working in their best interest.
We offer retirement products from the nation’s leading carriers to ensure diversity and flexibility.
Basic Prevailing Wage Plans
All retirement platforms satisfy the requirements of the Service Contract Act (SCA) Davis-Bacon Act and local Living Wage laws.
Trustee / Fiduciary Services
Many Health and Welfare Trusts offered from bundled service providers have a Trustee already assigned to them whom you have probably never met. This “turn-key” non-prudent approach most likely presents a conflict of interest and does not eliminate a contractor’s fiduciary responsibility.
A third party directed trustee assigned to a health and welfare trust is to serve in the sole interest of the plan participants and beneficiaries.
To eliminate potential conflicts, it is the contractor’s responsibility to ensure independence among service providers that work in the best interest of the Plan and Trust.
This approach offers a natural system of checks and balances. It promotes transparency and a culture of compliance for the benefit of the plan sponsor and the sole interests of the participants.