Entries by Simon Carlson

Investing In Employee Wellness

Employee Wellness: Recommendations and BASIC’s Solution The past year challenged the physical and emotional wellbeing of employees in ways nobody anticipated. In addition to dealing with the threat of COVID-19 itself, most employees are facing unprecedented workplace stress as they continue to adapt to changes onsite, in the field, or working from home. COVID-19 Effects […]

ACA Late Filing Penalties – BASIC Can Help!

Late ACA filing is better than not filing all, as good-faith attempts to comply with the ACA are looked upon more favorably by the IRS. Here, we’ll outline how BASIC can help with our late filing service, but first, who must file? Applicable Large Employers (ALEs) Employers with at least 50 full time equivalent employees […]

Important Tools & Resources For BASIC CDA Clients

BASIC CDA The BASIC Consumer Driven Accounts (CDA) system is a fully connected way to manage benefits, whether you have one account or several. Access your accounts via the web portal, mobile app, or your BASIC Card. Clients If you’re a BASIC CDA client and want to take advantage of all the available features, you […]

FSA Rollover Extensions & More Optional Relief

FSA rollover is a hot topic for flexible spending account (FSA) participants. After the pandemic caused many FSA eligible services to become unavailable for an extended period, many are wondering, “What will happen to my unused FSA funds after this past unfortunate year?” Thankfully, there is now an answer to that question. Recent legislation, the […]

Maximize Your BASIC Partnership with These Tips and Never Miss an Update

To our valued clients and broker partners, We are incredibly thankful that you chose to make BASIC your partner for benefits and compliance. Our staff is working around the clock to make sure your experience is as smooth as possible, and we want to share a few ways to help make the most of our […]

COBRA Open Enrollment: Employees vs. COBRA Participants

Before talking about COBRA open enrollment, we’ve covered Which Health Plans Are Eligible for COBRA Continuation Coverage. Now that you know which plans qualify, it’s time to get into more details. Qualified beneficiaries are entitled to continue coverage on plans in which they were enrolled immediately before the qualifying event. Let’s look at two employees […]

No Urgency to Act on COVID-19 Relief Bill for BASIC FSA Clients

Last month, Congress passed and the President signed the Consolidated Appropriations Act, a significant government funding bill which provides appropriations for the federal government, as well as economic stimulus provisions due to the ongoing COVID-19 pandemic. Given the Act’s length and complexity, this post addresses key employee benefit and charitable giving provisions but is not […]

BASIC Alert: FFCRA Update

BASIC has been closely watching to see if Congress would extend the FFCRA which was set to expire on December 31, 2020.  Back in March, Congress passed the Families First Coronavirus Response Act (FFCRA). Under the FFCRA, most public sector employers and private sector employers with fewer than 500 employees must provide up to two […]

BASIC Holiday Hours

Dear Valued Clients, BASIC will be closed on the following dates in observance of holidays. Thursday, December 24 Friday, December 25 Friday, January 1 Current clients may still access our online resources while we’re closed here: https://www.basiconline.com/current-clients/ We thank you for your understanding and will be operating under our normal hours for days that aren’t […]

BASIC Alert: Changes to CFRA Effective 1/1/21

Effective January 1, 2021, the California Family Rights Act (CFRA) will extend leave rights to employees who care for grandparents, grandchildren, siblings, adult children, and other family members with serious health conditions. Employers covered by both CFRA and FMLA could be faced with a “stacking” problem. When CFRA and the FMLA overlap, time taken off can […]