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Beyond Premiums: How to Vet Health Insurance Carriers

Beyond Premiums: How to Vet Health Insurance Carriers

Oct 1, 2018 | Employee Benefits, Human Resources, News, Running a Business

If you’ve ever shopped for a small group health plan, you know how difficult it can be to discern the differences between carriers. Oftentimes, the same type of plan from two different carriers will look really similar, even when it comes to premiums. There might be a...

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HOME
CORE PURPOSE
TEAM
XMI INSIGHTS
CAREERS
CONTACT
HRO
PEO
ACCOUNTING
XMI LOGIN



618 Church St.

Suite 520

Nashville, TN 37219



615-248-9255



info@xmigrowth.com

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Subscribe To Our Newsletter!

Sign up to our newsletter and keep up with the latest! We won't flood your inbox with junk, or give away your email address.

Thanks for your interest!

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Cloud-Based Accounting

The accounting program you used when starting your business wasn’t built to support the complex reporting needs you have now. Let XMI help you transition to a cloud-based platform that will fit the needs of your company—now and as you grow. Our team is skilled in multiple platforms, including QuickBooks, Sage Intacct, Yardi and Microsoft Dynamics GP.

Our team is skilled in multiple platforms:

  • Sage Intacct
  • NetSuite
  • Microsoft Dynamics GP
  • QuickBooks Online
  • Yardi

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Accounting & Bookkeeping

Keep your focus on growth—not on the burden of managing mundane bookkeeping and accounting tasks like bill pay, vendor management, customer invoicing, collections and month-end reconciliations.

  • Vendor management
  • Bill pay
  • Customer invoicing
  • Collections
  • Month-end reconciliations
  • Financial statements

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Risk & Compliance

As your PEO, XMI ensures your compliance with HR rules and regulations, including workers’ comp, EPLI, unemployment, tax filing deadlines and health insurance requirements. And since we’re continually monitoring changes at the state and federal levels, you’ll be one of the first to know about them and their impact on your business.

  • Workers' compensation coverage & claims resolution
  • Payroll Tax withholdings & filings
  • Employment practices liability insurance
  • Health Care Reform Compliance (1094-C/1095-C)
  • FMLA/HIPAA/ERISA compliance
  • COBRA Administration
  • Retirement plan administration & fiduciary



Benefits

Stand out from the competition with an expertly designed benefits package from XMI. Leveraging both deep expertise and long-standing relationships with major carriers, XMI delivers creative, cost-effective benefit solutions that will help you attract and retain top talent.

  • Health insurance (PPO, HDHPs)
  • Dental and vision plans
  • 401(k) retirement plans
  • Employee wellness programs
  • Long-term care coverage
  • Life insurance
  • Employee assistance programs
  • Cafeteria plans; and more



Payroll Administration

XMI manages the preparation of payroll, payroll reconciliation and reports, tax filing and deposits, federal and state reporting, and more—all to the highest-level standard of accuracy. An easy-to-use, cloud-based HRIS gives you quick visibility to payroll information when you need it.

  • Preparation of payroll
  • Direct deposit and/or paper checks
  • Payroll reconciliation and reports
  • Tax filings and deposits
  • Federal and state reporting
  • Cloud-based HRIS
  • Time & Attendance
  • Web & mobile time/labor management
  • Reporting & job costing
  • PTO tracking & accruals
  • Compensation Analysis



Risk & Compliance

XMI can help ensure your compliance with HR rules and regulations, including workers’ comp, EPLI, unemployment, tax filing deadlines and health insurance requirements. And since we’re continually monitoring changes at the state and federal levels, you’ll be one of the first to know about them and their impact on your business.

  • Workers' compensation coverage & claims resolution
  • Payroll Tax withholdings & filings
  • Employment practices liability insurance
  • Health Care Reform Compliance (1094-C/1095-C)
  • FMLA/HIPAA/ERISA compliance
  • COBRA Administration
  • Retirement plan administration & fiduciary



Benefits

Stand out from the competition with an expertly designed benefits package from XMI. Leveraging both deep expertise and long-standing relationships with major carriers, XMI delivers creative, cost-effective benefit solutions that will help you attract and retain top talent.

  • Health insurance (PPO, HDHPs)
  • Dental and vision plans
  • 401(k) retirement plans
  • Employee wellness programs
  • Long-term care coverage
  • Life insurance
  • Employee assistance programs
  • Cafeteria plans; and more



Payroll Administration

XMI manages the preparation of payroll, payroll reconciliation and reports, tax filing and deposits, federal and state reporting, and more—all to the highest-level standard of accuracy. An easy-to-use, cloud-based HRIS gives you quick visibility to payroll information when you need it.

  • Preparation of payroll
  • Direct deposit and/or paper checks
  • Payroll reconciliation and reports
  • Tax filings and deposits
  • Federal and state reporting
  • Cloud-based HRIS
  • Time & Attendance
  • Web & mobile time/labor management
  • Reporting & job costing
  • PTO tracking & accruals
  • Compensation Analysis

Chad Parodi

Chief executive officer (CEO) of Nashville-based XMI, Chad Parodi is a prominent leader in the Professional Employer Organization (PEO) industry. For the last twenty years, Parodi has been transforming corporations across myriad industries by providing employee management solutions and business consultation services.

As the leader of XMI, Parodi is ushering the company into a new era where the firm will focus on offering human resources, employee benefits, and legal compliance services to provide its clients with the resources of a complete, multifaceted human resources department they need so they can focus on productivity and revenue. XMI has over twenty years of experience in supporting business growth in industries ranging from healthcare to technology to manufacturing.

Before taking the helm at XMI, he served as principal at Sales Benchmark Index (SBI) advising c-suite officers inside Fortune 500 and private equity-sponsored high-growth companies on corporate, product, pricing, marketing and sales strategies. Prior to that, he was senior vice president of sales and marketing at CoAdvantage. A key member of the senior management team, he helped scale the company from a regional to a national PEO platform. Previously, Parodi was division vice president for ADP TotalSource, where he generated sales revenue and successfully opened new markets, including Nashville.

A sports enthusiast, Parodi is a longtime golfer and volunteered as a youth football coach for ten years. He received his Bachelor of Science degree from Georgia Southern University and is a proud father of three children.

You can email Chad at cparodi@xmigrowth.com