Approved by the Senate last week, the American Rescue Plan passed in the House of Representatives today, sending the $1.9 trillion COVID relief package to President Biden’s desk for signature on Friday. The bill includes a 100% subsidy on COBRA premiums from April through September of 2021. BASIC is working through the legislation with our […]
DATE: Tue, Apr 27, 2021 TIME: 2:00 pm EDT to 3:30 pm EDT Register for the webinar here After registering, you will receive a confirmation email containing information about joining the webinar. Request a recording here if you are unable to attend the live session. BASIC’s state of the art benefit system, Consumer Driven Accounts (CDA), […]
DATE: Wed, Mar 24, 2021 TIME: 2:00 pm EDT to 3:30 pm EDT Register for the webinar here After registering, you will receive a confirmation email containing information about joining the webinar. Request a recording here if you are unable to attend the live session. This webinar will cover the ERISA compliance requirements for small and […]
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 […]
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 […]
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 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 […]
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 […]
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 […]
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 […]
