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COBRA Checklist Audit List

Are FSA’s a COBRA eligible benefit?

Are FSA’s a COBRA eligible benefit? Let’s take a vote…should you offer COBRA for a Flexible Spending Account (FSA)? A. Yes B. No C. That’s a loaded question! The answer is C, “That’s a loaded question!”. Although commonly overlooked, FSAs are a COBRA eligible benefit.  By definition health FSAs are a Group Health Plan and […]

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COBRA Checklist Audit List

The COBRA Initial Notice – Are You Compliant?

The COBRA Initial Notice – Are You Compliant? Did you know that one of the most important COBRA notices is the “initial notice” or what is referred to as the “general rights notice”?  Properly providing this notice is frequently overlooked by employers or the method of delivery does not meet COBRA compliance regulations.  Noncompliance  can […]

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the cost of not doing cobra right

The $84,385.17 postage stamp…don’t let it happen to you.

The $84,385.17 postage stamp…don’t let it happen to you. We all know the cost of postage continues to rise, but $84,385.17 for one stamp?  Unfortunately, $84,385.17 is what one employer was fined because they neglected to mail one COBRA dental election notice to a former employee. Considering an $84,385.17 potential fine for one missed mailing, […]

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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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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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