Monthly Archives: April 2014

Maintain Compliance and Save Time with BASIC COBRA

April 28th, 2014

Let our COBRA experts help you avoid costly compliance pitfalls. Can you afford to leave your business vulnerable to penalties up to $100 per day per qualified beneficiary? Why should your company choose BASIC COBRA? With a proven administration model and industry certified experts to ensure your company’s ongoing compliance, we handle all the regulation...

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Employers: Are You Ready for Expansion of Overtime Requirements?

April 28th, 2014

On March 13, President Obama directed the U.S. Department of Labor (DOL) to come up with a way to update overtime pay rules to reflect the “changing nature of the American workplace” and to make them more “in keeping with the intention of the Fair Labor Standards Act.“ The move has the potential to affect...

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The Heartbleed Bug: Is your information protected?

April 28th, 2014

One of the largest internet security threats in history is breaching and compromising many of the websites you use every day. The Heartbleed Bug affects websites using an OpenSSL format, allowing the potential for anyone to access and read any encrypted data sent between your computer and a server. This encryption flaw allows for disclosure...

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What is the out-of pocket limits for 2015?

April 28th, 2014

For 2015, please be aware that there will two different out-of-pocket limits. Overall Out-of-Pocket Limits: There is an overall cost-sharing limitation to all non-grandfathered group health plans, as provided in HHS Reg. § 156.130(a); PPACA; Standards Related to Essential Health Benefits, Actuarial Value, and Accreditation, 45 CFR Parts 147, 155, and 156, 78 Fed. Reg. 12834, 12837...

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