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Author Archive | Craig Schrolucke

COBRA Election Timeline

COBRA Election Compliance Timelines

Administering COBRA (Consolidated Omnibus Budget Reconciliation Act) can be both complex and confusing for employers. There are many deadlines and getting COBRA deadlines wrong can have significant legal consequences. COBRA, not unlike many employment laws, provides grace periods that favor the (former) employee. Knowing the COBRA timelines and deadlines are critical to ensuring compliance.  COBRA […]

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COBRA Checklist Audit List

A quick COBRA self-audit – The who, what, when, where and how. Can your organization pass?

Can your organization pass a COBRA self-audit? Let’s face it; sometimes COBRA can fall to the bottom of the priority list. If you’re like most HR professionals, you’re juggling a gaggle of other projects and issues – enrollment deadlines, compensation issues, staff development and many more. While COBRA compliance may not seem like a top […]

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COBRA compliance can be a puzzle

DOL Clarifies How COBRA and Marketplace Coverage Interact

The Affordable Care Act (ACA) has changed many aspects of today’s insurance world including COBRA Administration. Earlier this month, the Department of Labor (DOL) and Centers for Medicare & Medicaid Services (CMS) issued notices clarifying how COBRA and Marketplace coverage interact specifically: When a COBRA participant’s coverage expires naturally (the participant has used their full […]

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Affordable Care Act (ACA) & COBRA | Two things to consider

As the deadlines approach for the Affordable Care Act (ACA), here are important topics related  COBRA administration: 1. Revised COBRA Election Notice Our COBRA Specific Rights Notice will be adjusted to reflect the changes proposed by the Department of Labor (DOL).  This means that as of January 1, 2014: All references to pre-existing condition exclusion […]

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Are Your Benefit Plan Summary Plan Descriptions Up-to-date?

Employee benefit plans constantly undergo changes. Claims procedures are revised, benefits provisions modified, and new administrators or trustees named or their addresses or telephone numbers changed. Whenever such changes occur, plan sponsors have the obligation to communicate these to participants through a revised summary plan description (SPD) or through a summary of material modifications (SMM). […]

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Review your COBRA Administrative Practices

Once annual enrollment has come and gone, it’s a good time to brush up on some basic benefit plan requirements, to avoid some of the common mistakes made in employee benefit plan administration. The following list of potential errors is by no means exhaustive, but represents a sampling of issues to steer clear of: Keep […]

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Understanding Employer Responsibilities for Group Benefits Under ERISA

The Employee Retirement Income Security Act, commonly shortened to ERISA, is a federal law enacted to set minimum standards for the majority of voluntary pension and health plans in the private industry to protect involved individuals. This federal statute went into effect on September 2, 1974. ERISA requires plan sponsors to provide participants with thorough […]

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