As employees near retirement age, we inevitably get questions about the ways in which COBRA and Medicare affect each other. Oftentimes, this is a topic where employees are uninformed or misinformed. Most know the two interact. One of the six qualifying events for COBRA is entitlement to Medicare after all. But even the most well-known …
How Does Medicare Entitlement Affect COBRA Coverage? Read More »
If you are an employer, it is important to consider implementing a wrap document to ensure compliance with federal regulations and provide clear communication to your employees regarding their benefits. A wrap document is a single plan document that incorporates all of the required provisions for each benefit plan sponsored by an employer. It wraps …
Wrap documents: Have you reviewed yours recently? Read More »
OPEN ENROLLMENT season is fast approaching. Don’t forget about your COBRA QUALIFIED BENEFICIARIES. Open Enrollment is a busy time for HR teams throughout the country, as well as the brokers and administrators that support them. It can seem like a whirlwind of managing change, communicating with employees, and answering the inevitable laundry-list of questions. One …
The last few years have seen many class action lawsuits surrounding COBRA Election Notices. Penalties and fines for various notification inadequacies can be STEEP, including $110 per day of noncompliance, as well as possible liability for medical and legal expenses reimbursement. Many employers have settled these types of lawsuits rather than litigate. Now is a …
COBRA: An Easy to Miss Required Notice, The “General” or “Initial” Notice Read More »
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