Tagged With: "COBRA"

7 Vital Criteria for Hiring a COBRA Administrator

16 June, 2015

Few people know what the acronym COBRA actually stands for, but most know basically what it does.  From Wikipedia:  The Consolidated Omnibus Budget Reconciliation Act of 1985 (or COBRA) is a law passed by the U.S. Congress on a reconciliation basis and signed by President Ronald Reagan that, among o...

Don’t get Snake bit by COBRA!

28 April, 2015

The Consolidated Omnibus Budget Reconciliation Act (COBRA) requires that former employees be able to continue participating in the company’s health insurance coverage for a specific length of time. Some employers may think their obligations end when the employee leaves, but believing this may be as...

ACA Continues to Challenge Compliance by Affecting ERISA and FLSA, Part 2

14 April, 2015

In Part 1, we reviewed the far reaching affects the ACA has had on numerous laws, requiring changes to procedures and compliance programs.  Here we will review the Fair Labor Standards Act (FLSA). FLSA The FLSA law was passed in 1938 to protect both a worker’s pay and working hours.  There are thr...

ACA Continues to Challenge Compliance by Affecting ERISA and FLSA

07 April, 2015

Part 1 It is no secret that the Affordable Care Act (ACA) is burdensome and complex.  Employers, insurance brokers, vendors and anyone else who provides or services any insurance product, funds an insurance product or needs one has been effected either positively or negatively by this law.  It’s be...

Does the QB have COBRA coverage?

07 October, 2014

Does the QB have COBRA coverage? There are times in life when you just have to wait. The period between a loss of coverage due to a COBRA qualifying event and the COBRA payment is such an example. COBRA provides a 44-day time frame for the employer/plan administrator to send an election notice. Th...