PeopleStrategy

JUNE 15, 2020

With the unanticipated challenges facing HR professionals today, starting the employee benefits renewal process is probably not at the top of the to do list. But the reality is, deciding what benefits you will offer employees for the 2021 plan year is perhaps more critical than ever. Evaluate your current benefits package.

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Hiring Software Planning Tools Onboarding Software HR Software 179

Zenefits

AUGUST 2, 2021

Employers with 20 or more employees and a group health plan must generally offer continuation coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA), also known as “federal COBRA.” To understand state mini-COBRA laws, you need to know about federal COBRA. What is federal COBRA?

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Groups Payroll Wellness Meeting 69

Netchex HR Blog

OCTOBER 11, 2022

Long term employees also need a lot of help during open enrollment periods, especially as deadlines get tighter. What is benefits enrollment? What is benefits enrollment? READ: Employee Perks: 15 Emerging Trends Your Company Should Consider. Additionally, employees need answers to questions and reminders about deadlines.

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HR Software Hiring Software Onboarding Software Planning Tools 91

Embroker

SEPTEMBER 12, 2022

And it might seem like a redundant expense to you right now, but you should also find the right health insurance plan for yourself. Having to handle so many things on your own can indeed be frustrating, but many reports indicate that self-employed people feel happy and less stressed than they used to when they were employed.

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Planning Tools Screening Groups Retirement 98

Affinity HR Group

MARCH 12, 2020

With COVID-19 impacting people and businesses across the country and around the world, many companies are trying to figure out their options of how best to balance business needs with employee health. Travel restrictions which may limit ability of employees to travel for business. Do employees have to use their PTO?

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Planning Tools Wage and Hour Training Policies HR Software 93

Benefit Resource Inc.

FEBRUARY 1, 2022

More seasoned employees may be aware of what qualifying events are and the impact they have on pre-tax elections, but newer employees may not be as familiar with the changes involved. We all understand that getting married or divorced, having a baby, and changing jobs are qualifying life events. Does it qualify?

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Benefit Resource Inc.

FEBRUARY 9, 2022

People often don’t understand what COBRA coverage is until they need to use it. The Consolidated Omnibus Budget Reconciliation Act (COBRA) protects workers who lose their health benefits. Let’s break it down… 1) COBRA Coverage is Available for a Variety of Benefits. Learn more about COBRA Timelines.

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Groups Compliance Training Resources Examples 45

Benefit Resource Inc.

APRIL 21, 2021

Many of them affected pre-tax benefits plan and continuation coverage, also referred to as COBRA. Below we offer insight into four main areas that gave rise to questions around the government-funded COBRA subsidy: Eligibility. What benefits are eligible? What benefits are eligible? What is the subsidy period?

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HR Counselor's Corner

MARCH 31, 2021

As part of the American Rescue Plan Act of 2021 (ARPA), eligible employees (including their covered spouses and dependents) will be entitled to a 100% COBRA premium subsidy for a period of up to six months beginning April 1 st. COBRA – The Expensive Version. The COBRA subsidy runs from April 1 st through September 30 th.

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Zenefits

JUNE 25, 2020

One notable development is a final rule — published May 4, 2020, by the IRS and the Department of Labor — that extends certain deadlines for the Consolidated Omnibus Budget Reconciliation Act (COBRA) continuation coverage. General COBRA requirement. A qualified beneficiary can be: A covered employee. Their spouse.

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Compliance Groups Data Employment Law 69

PlanSource

MARCH 19, 2021

The American Rescue Plan Act of 2021 expands Cobra access to millions . When the American Rescue Plan Act ( A RPA ) was signed into law on March 11, 2021 all eyes were on the economic stimulus payments. When would payments be sent out? What’s going on with COBRA? . How does this affect your business? .

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Payroll Study Wellness Industry 52

DailyPay

JANUARY 19, 2022

Open enrollment is an opportunity to switch your health insurance plan and ultimately save. What is open enrollment? When you enroll in a health insurance plan, you usually can’t change it until open enrollment season rolls around. Reading Time: 3 minutes. Here’s how it works. . You got married or divorced. Your network.

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Planning Tools How To HR Software Meeting 52

HR Counselor's Corner

JULY 27, 2022

Did you know that your company’s summary plan documents dictate what happens to your employees’ benefits when they are on most leaves of absence? The company may incur hefty fines for violating the Consolidated Omnibus Budget Reconciliation Act (COBRA). What about FMLA Leave ? Why does this matter?

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HR Planning Policies Employment Law Groups 52

HR Workplace Services

FEBRUARY 26, 2020

Family dynamics can vary greatly from one employee to the next. You can put step children on your insurance plan and even your fiance?e. So, what happens when an employee requests FMLA to take care of their sick uncle, who raised them like a father? To begin, the employee is within their rights to do this.

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Policies HR Software ATS Planning Tools 83

Zenefits

JUNE 7, 2022

Inflation is not only fueling price increases; it’s also requiring employers to pay more in penalties for not complying with benefits laws under the Employee Retirement and Income Security Act of 1974 (ERISA). Employers have been offering employee benefits since the late 1800s. History of benefits compliance. Retirement.

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HIPAA Compliance Wage and Hour Training Retirement 68

Business Management Daily

MARCH 1, 2021

Why are we so calm, when worry is our default for everything? The main impact, should the relief fully lapse, would be on COBRA benefits. Let’s walk through this now for clarity, because you may be dealing with third-party COBRA administrators who are beginning to chatter. And if they didn’t know before, they know it now.

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Retirement Examples Groups Policies 59

Netchex HR Blog

AUGUST 31, 2022

Your employees need options to be able to sign up for the benefits they prefer (especially when there’s an employee contribution), and your company needs to ensure accuracy, efficiency, and compliance. LEARN: What is Benefits Administration and How Can HR Technology Make it Easier? Built-in enrollment services.

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Benefit Resource Inc.

DECEMBER 3, 2020

Whether you have a COBRA administrator or not, the fact remains that COBRA a dministration is complicated. Currently trying to determine what might be best for your company? It might be helpful to start with understanding some of the main risks of tackling your own COBRA administration. Employee Assistance Programs (EAP).

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HR Bartender

JULY 19, 2016

As a result, organizations are focused on understanding which employees are affected by the change and what actions the company should take , if any, as a result. Many companies are looking at the possibility of adjusting employees’ status and pay, which is totally understandable. These changes go into effect on Dec.

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Paycom Policies HR Planning HR Software 150

DailyPay

JANUARY 19, 2022

Open enrollment is an opportunity to switch your health insurance plan and ultimately save. What is open enrollment? When you enroll in a health insurance plan, you usually can’t change it until open enrollment season rolls around. Here’s how it works. . Some examples include: You lost your health coverage.

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PlanSource

FEBRUARY 7, 2022

Answering employee questions. A best-in-class benefits outsourcing partner can manage these items and create a branded employee contact center to address employee benefit questions and concerns. COBRA enrollment and administration is another daily pain-point for many HR leaders. Evidence of Insurability processing.

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Hiring Software HR Software Recruiting Software Payroll 52

Business Management Daily

MARCH 17, 2023

When Silicon Valley Bank in California and the Signature Bank in New York failed last week, employers with accounts at those banks began to fret they wouldn’t be able to pay employees. Before the FDIC acted on Monday, they had good reason to—bank accounts are insured for up to $250,000. Thankfully, we’ll never know.

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Payroll Planning Tools Immedis Compliance Training 52

Paycor

DECEMBER 19, 2018

What is COBRA? More commonly known as COBRA, the law revised the Employee Retirement Income Security Act (ERISA), Internal Revenue Code and the Public Health Service Act to provide employees with continuation of group health plan coverages that otherwise might be discontinued. Is my company required to offer COBRA?

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Compliance How To Planning Tools Groups 40

Benefit Resource Inc.

FEBRUARY 23, 2021

BRI Participant Services connects with thousands of valued employees every month. Lately, we’ve seen an uptick in questions around the roles of responsibilities of your company’s broker, your TPA (that’s us), and your health insurance provider. So what’s the difference between the three? What is a TPA?

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Planning Tools Comparison Policies Data 72

HR Daily Advisor

FEBRUARY 17, 2017

Most HR professionals (and a lot of laymen, too) are at least familiar with Consolidated Omnibus Budget Reconciliation Act (COBRA) in general terms. We know that it gives employees the chance to continue their former employer’s insurance coverage for a while after leaving a job. But what law is this part of?

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Examples Wellness ATS 43

Benefit Resource Inc.

FEBRUARY 18, 2020

COBRA is routinely misunderstood and there are some valid reasons for it. So, it is not surprising that most people get stumped by the question, “What is the link between pre-tax benefits and COBRA?” Commuter Benefit Plans are not subject to COBRA. Commuter Benefit Plans (CBPs) are not subject to COBRA.

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Resources Groups Examples Compliance Training 40

Paycor

MARCH 1, 2019

More than 18,000 people registered for Paycor’s two-day online Rise Web Summit, held in February, where industry experts offered advice on all things HR, from employee engagement to hot button compliance issues. A lot of what HR does is data reporting, not analysis. Our Biggest and Best Web Summit Yet! However, there is a problem.

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Hiring Software Planning Tools Recruiting Software HR Software 40

HR Daily Advisor

MAY 17, 2017

Especially when it comes to managing your workforce. Neither are Employee Retirement Income Security Act (ERISA) penalties or U.S. Through compliance violations when it comes to administering health insurance continuation under the Consolidated Omnibus Budget Reconciliation Act (COBRA).

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Planning Tools HR Software Human Capital Management Compliance 50

Zenefits

OCTOBER 20, 2021

Moreover, we offer a range of timelines that you and your employees can use to better navigate open enrollment. What “open enrollment” means. Open enrollment 2022 timelines for employees (starting 80 days before OE). What “open enrollment” means. Feel free to click the links below to jump to specific sections.

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HR Planning Planning Tools Zenefits HR Software 78

HR Daily Advisor

APRIL 14, 2017

Question: I just found out that a former employee near the end of his COBRA election period was in an accident and is currently incapacitated. What are my options administratively if the election period ends and he has not yet elected COBRA coverage? The Branch rule was followed in Sirkin v. Phillips Colleges Inc.,

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Tandem HR

MARCH 18, 2020

We are aware of the bill that passed through the House providing paid sick time and extending FMLA protections to employees and family members impacted by COVID-19. We realize the answers below may be impacted if and when a new act is passed. Pay exempt employees their full salary.

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HR Planning Certification Hiring Software Policies 64

Hppy

JANUARY 19, 2018

As an employee’s retirement approaches, the employee or their financial advisor may begin to flood you with questions about your company retirement plans. Also read: The Art Of The Exit Interview: Make The Most Out Of Employees Who Leave. What are my investment options? How much can I save in my 401k?

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Retirement Planning Tools HR Software eBook 119

Zenefits

JANUARY 6, 2023

As 2022 comes to a close, companies may be reassessing their employee benefits packages for the new year. In fact, 88% of job seekers give some if not heavy consideration to jobs that offer the best health, dental, and vision insurance benefits. These potential employees seek jobs with their best health and wellness interests in mind.

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Employee Benefits HR Planning Onboarding Software Planning Tools 68

Zenefits

OCTOBER 9, 2018

In addition to protecting certain individuals from high health care prices , COBRA ensures that spouses, family, and the retired are entitled to health care access when a family member experiences a major life event. Here’s what you should know about how to access COBRA health coverage as an employer. How does COBRA work?

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PlanSource

JUNE 8, 2018

As one of the most cumbersome administrative processes facing HR teams, it’s no surprise that COBRA is the #1 outsourced benefits service. In fact, more than 60% of organizations outsource COBRA. Why Outsource COBRA? Let’s face it, COBRA is an administrative nightmare. Timing is everything when it comes to COBRA.

Compliance 40

Compliance Recruiting Software HR Software Recruitment 40

Zenefits

FEBRUARY 9, 2021

Portable benefits — benefits that are tied to the employee, rather than the employer, may seem like a new trend, but some versions of benefits portability have been around for many years. The Employee Retirement Income Security Act of 1974 (ERISA) allows employees to take their retirement plans with them when they go, as well.

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Hiring Software Planning Tools Retirement Payroll 41

Vantage Circle

SEPTEMBER 23, 2023

In today's tough job market, businesses need to attract and keep the best employees to succeed. In 2023, employee benefits are important for businesses. Welcome to “Employee Benefits Guide for 2023: What Employers Need to Know.” These benefits are given to employees over their salaries and wages.

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