Entries by Simon Carlson

Webinar: Understanding COBRA Regulations 4/28/20

1.0 HRCI & SHRM: Understanding COBRA Regulations – Including Continuation Coverage During COVID-19 DATE: Tues, April 28, 2020 TIME: Eastern 2:00 pm to 3:30 pm – Pacific 11:00 am to 12:30 pm Register for the webinar here After registering, you will receive a confirmation email containing information about joining the webinar. Request a recording here if […]

Webinar: Full-Service Payroll & Timekeeping Demonstration 5/7/20

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 Regional Director, Jordan Salton, will be presenting the services and solutions of BASIC Payroll Plus. BASIC’s full-service Payroll, Timekeeping, and Human Capital Management […]

CARES Act Benefit Updates: Over-the-Counter-Drug Eligibility

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law on Friday. This CARES Act contains an important provision that will affect HSAs, HRAs, and FSAs. Effective Immediately: FSAs, HRAs, and HSAs can now reimburse or pay for over-the-counter drugs and medicines without a note of medical necessity or prescription from a physician. Menstrual […]

DOL Publishes Third Round of Updates to the Families First Coronavirus Response Act (FFCRA)

Families First Coronavirus Response Act (FFCRA) Since the enactment of the Families First Coronavirus Response Act on March 18, new information and guidance has been released every few days, though still much slower than employers would like. We have summarized what we believe to be the most relevant new information below. We will continue to […]

COVID-19: April 1 Effective Date for FFCRA Leaves

On Tuesday, March 24, the Department of Labor (DOL) announced that the effective date of the leaves available through the Families First Coronavirus Response Act (FFCRA) will be April 1, 2020. Based on the language in the bill, the effective date was widely believed to be April 2. The DOL announced the effective date in […]

The Impact of the Families First Coronavirus Response Act

On March 18, 2020, the Senate voted to approve, and President Trump signed, the Families First Coronavirus Response Act (the Act). The Act is substantively the same as the version approved by the House of Representatives on March 16, 2020, is effective no later than 15 days after the date of the enactment, and sunsets […]

COVID-19 – Our Commitment to Employees, Broker Partners and Clients

At the BASIC family of companies, the health, safety, and wellbeing of our employees, partners, clients, and communities are our top priorities. We understand the concern and uncertainty surrounding the Coronavirus (COVID-19) and we are committed to providing our clients and their employees with the very best service possible during this difficult period. This communication […]

IRS Allows a HDHP to Cover COVID-19 Testing and Treatment

On March 11, 2020, the Internal Revenue Service (IRS) announced that a High-Deductible Health Plan (HDHP ) can cover the cost of testing and treatment related to the coronavirus (COVID-19) pandemic, regardless of whether or not a participant has satisfied their deductible. This includes coverage of any potential vaccine developed to treat the coronavirus, as […]