Compassion â Your heart health is our number one priority, and we believe the uncompromising care with a personal touch that we provide is an important part of your overall treatment plan. Convenience â Located in the heart of Bay Area Houston, The Heart & Vascular Hospital is easy to get to, with close parking to the building, as well as easy access to our Main Hospital via skywalk bridge or vehicle.
Letâs start with the basics. A âwrapâ plan document is legal document that combines and incorporates, by reference, all group insurance policies and contracts that provide welfare benefits to employees. A summary plan description (SPD) is not a wrap plan document. Most welfare benefit plans are subject to the requirements of the Employee Retirement Income Security Act (ERISA). In fact, ERISA language clearly requires that all welfare benefit plans must be established and maintained pursuant to a written document.
A Wrap document can also combine or bundle multiple employee-sponsored plans into a single document which helps to simplify 5500 filings. Wrap Benefits. Use one document to satisfy the ERISA SPD requirement and other disclosure requirements. Use one document for all of the employers health and welfare benefits.