How PCMP Implementation Works: Seamless, Automated, and Fully Managed
Implementing a Preventive Care Management Program (PCMP) may sound complex, but with Ficava's streamlined process, it's a straightforward journey. From initial setup to employee engagement, every step is handled with precision, ensuring compliance and maximizing benefits for both employers and employees.
Step 1: Consultation and Custom Plan Design
The process begins with a personalized consultation to understand your organization's needs. Ficava's partners will:
Assess eligibility and gather necessary data.
Design a tailored PCMP plan, integrating a Section 125 Cafeteria Plan and a Self-Insured Medical Expense Reimbursement Plan (SIMERP).
Ensure all plan documents are compliant with IRS regulations, particularly Section 213(d) for qualified medical expenses.
This foundational step sets the stage for a compliant and effective program.
Step 2: Seamless Payroll Integration
Ficava's partners boast direct integrations with over 200 payroll systems, including major providers like ADP, Paychex, and QuickBooks. This ensures:
Automatic setup of pre-tax deductions and post-tax reimbursements.
Real-time synchronization between payroll and benefits administration.
Minimal involvement from your internal HR or finance teams.
The integration is designed to be fully automated, reducing administrative burdens and ensuring accuracy.
Step 3: Employee Communication and Enrollment
Effective communication is key to the success of a PCMP. Ficava’s partners provide:
Customized communication materials explaining the program's benefits.
Enrollment support, including digital forms and assistance.
Educational resources to ensure employees understand and utilize their benefits.
This comprehensive approach ensures high participation rates and employee satisfaction.
Step 4: Driving Utilization and Ongoing Support
Employee engagement doesn't stop at enrollment. Ficava's partners focus on:
Encouraging utilization of wellness services like telehealth, counseling, and preventive care.
Providing ongoing support and resources to employees.
Monitoring program effectiveness and making necessary adjustments.
This continuous engagement ensures that employees reap the full benefits of the program, which is essential for compliance and maximizing tax advantages.
Step 5: Compliance and Reporting
Maintaining compliance is crucial. Ficava’s partners ensure:
All aspects of the PCMP adhere to IRS and ACA guidelines.
Regular reporting and documentation are provided.
Support is available for any audits or regulatory inquiries.
With Ficava, you can be confident that your PCMP is not only effective but also fully compliant.
Conclusion: A Turnkey Solution for Employers
Implementing a PCMP with Ficava is a turnkey solution that offers:
Simplicity: From design to execution, every step is handled for you.
Automation: Seamless integration with existing payroll systems.
Compliance: Adherence to all relevant regulations and guidelines.
Employee Satisfaction: Valuable wellness benefits with no out-of-pocket costs.
Ready to experience the benefits of a PCMP without the hassle?
Learn more about our white glove onboarding services today!