The Affordable Care Act (ACA) changed a lot of things about the health insurance market in the United States. Among them: It granted some more options to those who had pre-existing conditions but who lost their access to a workplace plan because of job loss, layoff, benefit reduction or divorce.
Author Archive | Craig Schrolucke
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.
Can your organization pass a COBRA self-audit? 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 priority, ignoring it […]
The Affordable Care Act (ACA) has changed many aspects of today’s insurance world including COBRA Administration.
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
myCobraPlan – We’ve designed our Broker Portal to give you quick access to all your Client’s COBRA records in one place.
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)
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 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.