Compensation Solutions (CSI), one of the tri-state area’s leading Human Resource Outsourcing Organizations (HRO), is pleased to announce that the COMPSolutions Agency has completed the Small Business Health Options Program (SHOP) Exchange Certification process. The Certification will enable CSI and its affiliate the COMPSolutions Agency, to work with any state-run health exchange in New York. By completing this Certification, the COMPSolutions Agency and CSI continue to assist clients with the ever-changing and increasing healthcare reform laws, rules and regulations.
In its continuing efforts to provide a high level of customer service, the COMPSolutions Agency and CSI may now more effectively guide its clients and employees through the complex process of purchasing health insurance coverage through the SHOP Exchange. Although ALL rates in the Exchange will be set in advance and fixed by each of the vendors, not all exchange salespersons will possess the same expertise as CSI Human Resources and the COMPSolutions Agency Benefits Specialists. Once available, the COMPSolutions Agency will be completing the same National Certification process so that CSI may address clients’ needs in New Jersey and other states.
About SHOP Marketplace
In line with the ACA’s intent to simplify access to health insurance, states will need to plan for and develop appropriate tools for small businesses to obtain insurance coverage for their employees through the Exchange. Beginning October 1, 2013 open enrollment will commence for SHOP Marketplaces for employer groups with 50 or fewer full-time-equivalent employees to purchase health insurance to fulfill the ACA’s ruling. In 2014, SHOP Marketplaces will be open to employer groups with more than 50 full-time-equivalent employees.
About Compensation Solutions
Compensation Solutions is a leading human resources outsourcing organization that serves as a full-time outsourced human resource partner for businesses of all sizes throughout the United States. By managing employee benefits, human resources, payroll and workers’ compensation administration, Compensation Solutions allows its clients to focus on their core competencies to maintain and grow their bottom line. Compensation Solutions’ corporate headquarters is located in Wayne, NJ with offices in Upper Saddle River and Manhattan. For additional information, please visit our website at http://www.csihro.com.
About COMPSolutions Agency
The COMPSolutions Agency is comprised of experts who understand the specialized needs and critical issues facing today’s business owners. Our Agency Program is designed to give CSI clients back the time necessary to focus on core business operations – time which allows you to improve your bottom line. Understanding that no two clients are alike, and business owners are increasingly looking for quality solutions in all areas of business functions. For additional information, visit http://www.compsolutionsagency.com.