Medical Claims Service Employee Leasing quotes
If you own or manage a Medical Claims Service company, StaffMarket may have a PEO – employee leasing program that can help your company. Professional Employer Organizations (PEO) have helped thousands of small and mid-sized businesses obtain better employee benefits for their employees and access competitively priced workers’ compensation insurance.
When your Medical Claims Service companies engages a PEO, the PEO will act as your outsourced human resources department. Your managers will have time to focus on growing the business instead of handling administrative tasks. By eliminating the non-revenue producing activities like payroll, tax filing, unemployment claims management, worker’s compensation insurance administration and benefit plan management, your Medical Claims Service business will be able to focus on new sales and revenue growth.
When your Medical Claims Service company hires a professional employer organization, payroll is part of the package. The PEO will handle all payroll calculations. You set the pay rates and report the hours and the PEO does the rest. All taxes, withholding and benefits premiums (if desired) are deducted from the payroll checks and remitted to the proper taxing authorities or benefit carriers. In addition pre-tax (section 125 treatment) values are calculated so that your staff gets the maximum tax advantage possible. Payroll amounts may be delivered via check (including multiple locations) or direct deposited to the employee’s bank. Learn more about PEO payroll services.
PEOs offer a great workers’ compensation insurance program for Medical Claims Service companies. Obtaining competitively priced coverage is part of the program when you join a PEO. A Peo will provide your employees with work comp coverage (mandated in all states except Texas). In addition a PEO will help establish or improve your Medical Claims Service company safety program. All claims are against the policy of the PEO and they will work to ensure claims are administered fairly and in a timely fashion. All PEO programs are “pay-as-you-go” and eliminate the need to make a large insurance deposit in order to get coverage in place. Learn more about PEO workers compensation insurance.
Finding a PEO that provides the “best-fit” employee benefits program for your Medical Claims Service company can be challenging. PEOs offer a wide variety of coverage plans and administrative options for managing your employee benefits plans. As the cost for health insurance has increased, PEOs have worked hard to keep costs in check. Contact StaffMarket for more information about PEO benefit plans available for your Medical Claims Service company. Learn more about PEO Health Insurance and Employee Benefits.
Using a PEO can help administrate your Medical Claims Service company workforce. PEOs offer a full suite of HR related services that ensure your company is following the best practices available for your workers. The HR area can be a mine field of risks for the managers with out formal HR training or on-call expertise. Learn more about PEO HR Administration.
Hiring a Medical Claims Service PEO or a company that provides Medical Claims Service employee leasing services can be a smart move for your business. Let StaffMarket help your Medical Claims Service company review all of the PEO alternatives available in marketplace and find the best fit for you.
Note: HR Outsourcing services are available as a Professional Employer Organization (PEO) or by providing HR administrative services as an Administrative Services Organization (ASO). Contact StaffMarket for assistance with the HR Outsourcing types and options available and to get Medical Claims Service Employee leasing quotes for your company.
StaffMarket’s national database of Professional Employer Organization - PEO capabilities contains information about the types of companies that can provide workers’ compensation insurance for Medical Claims Service companies and associated SIC codes - Standard Industrial Classification.
StaffMarket’s counts of PEO companies covering these related business types:
| SIC Code | Industry Description | StaffMarket PEO Count |
| 7629 | Electrical Measuring Instrument Repair and Calibration, Medical Equipment Repair, Electrical | 207 solutions available ** |
| 7699 | Dental Instrument Repair, Laboratory Instrument Repair, Medical Equipment and Other Electronic and Precision Equipment Repair, Except Typewriters | 196 solutions available ** |
| 8011 | HMO Medical Centers | 203 solutions available ** |
| 8062 | General Medical and Surgical Hospitals | 204 solutions available ** |
| 8071 | Medical Laboratories | 204 solutions available ** |
| 8071 | Medical Laboratories, Except Diagnostic Imaging Centers | 204 solutions available ** |
| 8099 | Medical artists | 207 solutions available ** |
| 8099 | Medical Photography | 207 solutions available ** |
| 6324 | Hospital and Medical Service Plans | 210 solutions available ** |
| 6324 | Health and Medical Insurers, Direct | 210 solutions available ** |
| 6324 | Reinsurance Carriers, Health and Medical | 210 solutions available ** |
| 7352 | Medical Equipment Rental and Leasing | 208 solutions available ** |
| 7352 | Medical Machinery Rental and Leasing | 208 solutions available ** |
| 3829 | Medical Thermometers | 210 solutions available ** |
| 3829 | Except Medical Thermometers, Electronic Chronometers, and Motor Vehicle Gauges | 210 solutions available ** |
| 3841 | Surgical and Medical Instruments and Apparatus | 210 solutions available ** |
| 3845 | Electromedical and Electrotherapeutic Apparatus | 209 solutions available ** |
| 3845 | Other Electromedical and Electrotherapeutic Apparatus | 209 solutions available ** |
| 5047 | Medical, Dental, and Hospital Equipment and Supplies | 210 solutions available ** |
PEOs offer some relief (in the form of assistance) from the regulatory burdens often faced by Medical Claims Service companies. According to a 2005 study provided by the Small Business Administration (See Page 13), the regulatory burdens on small and medium sized business are:
Type of Regulation |
All Firms |
<20 Employees |
20-499 employees |
500+ employees |
| All Federal Regulations | $5,633 | $7,647 | $5,411 | $5,282 |
| Economic | $2,567 | $2,127 | $2,372 | $2,952 |
| Workplace | $922 | $920 | $1,051 | $841 |
| Environmental | $1,249 | $3,296 | $1,040 | $710 |
| Tax Compliance | $894 | $1,304 | $948 | $780 |
According to this SBA study, the regulatory costs for Workplace compliance and Tax compliance averages $2,000 per employee per year for companies with less than 500 employees. PEO and employee leasing programs often cost less than half this amount. PEO and employee leasing programs can help reduce federal regulatory costs to your Medical Claims Service company or any other type of business. In addition this table does not include any costs for State regulatory burdens (like state unemployment taxes or state imposed workers’ compensation insurance costs). These costs are often significant amounts in addition to the amounts shown here. Learn more about PEO and employee leasing cost savings.
StaffMarket Services, LLC
Research Employee Leasing and PEO programs for other business types.
431 12th Street West, Suite 202
Bradenton, Florida 34205
(get map)
Phone: 941-750-9450
-
Fax: 877-471-5608
Office hours are 9:00am to 5:00pm EST
Send e-mail to:
StaffMarket Information
Copyright
2008
StaffMarket Services. All rights reserved.
StaffMarket and StaffMarket.com are registered trademarks of StaffMarket Services, LLC.
Patent Pending
