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 managed account (sometimes called a wrap account) is a type of investment management service that packages together a group of investments for you. Some managed accounts offer a good service for the price; others have high fees and tax inefficiencies. The challenge is figuring out which is which. Types of Managed Accounts. An investment advisor may manage a portfolio of stocks, which is often referred to as a separately managed account