MZQ Compass

Compass is your one-stop-shop for compliance. Led by our team of industry experts providing a complete array of features, Compass will effortlessly guide you away from confusion and towards peace-of-mind.

PLAN FEATURES
COMPASS
1-49 Employees
COMPASS+
50+ employees

Dedicated ERISA Compliance Specialist

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Employer Specific/Employee Accessible Portal

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Plan document package

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Notice and Disclosure Package

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PCORI filing, if needed

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Alert Service - keeping you updated on changes to the laws

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No additional amendment fees

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Discount on the base fee for ACA Reporting for each year enrolled

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HIPAA Privacy and Security Policies and Procedures, if needed

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5500 filing, if needed

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Still need more information?

1-49 employees

Compass

The rock-solid compliance foundation.
The normal plan for the small-mid sized business.

50+ employees

Compass Plus

The rock-solid compliance foundation.
The normal plan for the small-mid sized business.

Dedicated ERISA Compliance Specialist

Employer Specific/Employee Accessible Portal

Plan Document Package

Notice and Disclosure Package

PCORI filing, if needed

Alert Service - Keeping you updated on changes to the laws

Notice and Disclosure Package

No additional amendment fees

HIPAA Privacy and Security Policies and Procedures, if needed

5500 filing, if needed

Discount on the base fee for ACA Reporting for each year enrolled

Wrap Plan Preparation

Under ERISA, all employee welfare benefit plans must have a written plan document to identify basic information about the plan. The MZQ wrap document is designed to help ensure clients meet applicable legal
requirements under ERISA, the Internal Revenue Code, HIPAA, the Affordable Care Act and more. Let the MZQ Compliance Team help you stay on top of your game.

5500 Form Prep

ERISA plans with over 100 participants must file Form 5500 annually. Unsure what to do with all those carrier disclosures? A dedicated MZQ Compliance Specialist will help you through the entire 5500 filing process, from preparation to filing, including the Summary Annual Report.

Mental Health
NQTL Analysis

The Mental Health Parity and Addiction Equity Act (MHPAEA) requires health plans to provide mental health and substance abuse benefits on substantially the same terms as they provide medical and surgical benefits.  This includes parity with respect to non-quantitative treatment limitations (NQTLs)—think medical management and utilization review, etc.

As of February 10, 2021, every health plan needs to have a detailed analysis on-hand to show how they meet these requirements. To make things even more complicated, the DOL is now required to audit these analyses—maybe even yours… Then, the DOL and HHS must issue an annual report to Congress detailing the results of these reviews, including the names of noncompliant plans.

If that sounds like a nightmare to you, don’t worry—MZQ can help. After all, that’s what we do!

FEATURES
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Review of all relevant plan documents, procedural manuals, and other requested written materials

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An analysis of what defined factors the plan uses to determine how NQTLs will apply to mental health or substance use disorder benefits and medical or surgical benefits

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A report detailing the results of the analysis that indicates if the plan is in compliance with MHPAEA NQTL requirements

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A written description of specific plan coverage terms by specific classification and relevant NQTLs

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Documentation and a comparative analysis of the processes, evidentiary standards and other information sources the plan uses in applying NQTLs

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Recommendations to enhance compliance

ADDITIONAL COMPLIANCE SERVICES

Compliance services
that meet your needs

ACA Penalty Resolution

Things don’t always go right. Whether you’ve received an IRS Letter 226-J assessing penalties under the employer mandate, an IRS Letter 5699 for failing to file, or an IRS Letter 972CG for filing late, IRS penalty assessments can strike fear in your heart. Our knowledgeable team can guide you through the IRS penalty process. Now, more than ever, you need seasoned experts to lead the way.

Non-Discrimination Testing

To qualify for tax-favored status, your benefit plan must prove it does not discriminate in favor of certain highly-paid employees. Let MZQ take the guesswork out of determining if you are in compliance. Our Non-Discrimination Testing Specialist will review your demographics and provide you with results and recommendations.

Broker Compliance Consulting

MZQ Consulting offers a Benefits Compliance Consulting service to brokers and TPAs that includes exclusive access to our diverse Compliance Team.

Our specialists can answer benefits compliance questions regarding the ACA, ERISA, FMLA, leave without pay, MLR rebates, COBRA, HRA, HSA, FSA, Section 125 and more*.

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Customizable plans with per question or tiered-pricing available

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Receive MZQ’s Beacon Alert any time there is breaking news pertaining to Benefits Compliance

How It Works

Email your question to our Compliance Team
Receive an initial response within
one business day
Get regular updates on
complex questions that require
additional research
*While we can't offer legal advice, if you have a benefits compliance question, we can provide the answer.

HIPAA Compliance

Self-funded health plans, including HRAs and health FSAs, are covered entities directly subject to HIPAA. Our HIPAA manual is specifically tailored to employer-sponsored health plans. The manual incorporates both privacy and security policies and procedures. And, since documentation alone is not enough, we also include web-based HIPAA training for your HR staff.

Have more questions?

REaCh out
Currently accepting current & prior year
ACA reporting clients.