Noncompliance with COBRA laws could result in astronomical penalties, legal fees, and other expenses. Consider this: A maximum of $110 penalty per affected participant or beneficiary per day from the date the noncompliance started. Personal liability imposed on plan administrators. It is not unheard of for COBRA violations to cost a company thousands
Employee handbooks are an essential part of effective HR management. Handbooks are also an important risk management tool. Since employee handbooks are not required by law, organizations may determine the best method and most effective means to communicate important HR-related information to their employees. An employee handbook should help reduce risk
The use of technology is revolutionizing the way we do business and young professionals have come to expect it. The practical use of technology in the employee benefit space is evolving, and in many ways, millennials are in the driver's seat. With Increased regulation, unsustainable medical cost increases, and an
Please join us for a brief 20 minute webinar on February 4th at 11:30 am. We will be showcasing our technology tools designed to streamline your processes for Benefits Management, Human Resources, and ACA Compliance into one, simple, easy-to-use system. This webinar we will highlight: Employee On-boarding Supervisor Training Online Benefit Enrollment and Cost
While it should be easy, enrolling in Medicare stresses a lot of people out. Having to deal with Social Security and employers can often lead to confusion. If you do not enroll in Medicare, at the right time, it can cost you in lifelong penalties. Making sure you enroll at
Now in our third year of the Affordable Care Act, the open enrollment period is finishing up for the 2016 plan year. This year we have seen a lot of changes and some increase in provider participation for the individual and family plans. It is still important to
Whether you’re a startup or a small to medium business you’ll no doubt already have experienced the dreaded mountain of paperwork that comes with ensuring the smooth running of all your HR processes. If done manually, this paperwork can see you (literally) pulling your hair out, which is where our
Just as many Californians prepare for open enrollment season, the California Office of the Patient Advocate released ratings Wednesday of 10 HMOs, six PPOs and more than 200 medical groups. Read the full LA Times article here.
Insightful article discussing the legislation that could overturn the expansion of the small group market.
The 6055 and 6056 tax filing has many employers up in arms for the upcoming tax filing. The increased penalty amounts announced in July are alarming. A single 1095-C form violation could result in a penalty of $500 per form, with no cap if the employer shows intentional disregard —