Recent News

With an unlimited number of sources publishing HR related news it can be difficult to keep the facts straight. BASIC strives to deliver simple, easy-to-understand, and timely industry news/updates. From legal advice, regulation updates, and interesting interactive resources – we have you covered!


 Recent News



Health Reform Questions: Enrolling in the Marketplace this Fall

May 27th, 2014

Question:  I enrolled in my employer’s group medical coverage at its open annual enrollment on July 1, 2014. In November 2014, I plan to drop this medical coverage and enroll in Health Insurance Marketplace at its next open enrollment for 2015.  Can I drop my employer’s group medical coverage in November 2014 for coverage on the Health

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The Playing Field Tilts in Workers’ Comp Cases

May 21st, 2014

Worker safety is an issue in virtually every industry or profession. Injuries can trigger Workers’ Compensation claims by everyone from executives making million dollar salaries to fast food restaurant employees being paid the minimum wage. Case in point: The overwhelming number of concussions suffered by professional athletes, especially those performing in the National Football League

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The Cost of Misclassification of Independent Contractors

May 21st, 2014

The misclassification of an employee as an independent contractor can create significant problems for your organization and its payroll service. As such, misclassifications represent large potential revenue losses for all levels of government. If an independent contractor faces tax problems, needs unemployment or needs disability benefits, the contractor has incentive to go back and claim

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Special 60-Day Enrollment Period in the Marketplace for COBRA Participants

May 14th, 2014

Important Notice Regarding COBRA Continuation Coverage and Health Insurance Marketplace On May 1, 2014 The Department of Health and Human Services (HHS) announced a special 60-Day Marketplace enrollment period for individuals eligible and/or enrolled in COBRA as of May 2, 2014.  These individuals have until July 1, 2014 to select Qualified Health Plans (QHPs) in

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If someone voluntarily disenrolls in COBRA during open enrollment, are they eligible for subsidies in the Individual Marketplace?

May 12th, 2014

During Marketplace open enrollment, a person can voluntarily drop their COBRA coverage and get a Marketplace plan instead, even if their COBRA hasn’t expired. They also may be determined eligible for credits and subsidies in this case. Outside of Marketplace open enrollment, if a person’s COBRA expires, they would qualify for a special enrollment period

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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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How are Seasonal Employees Defined?

March 26th, 2014

Q. My client employs employees for eight to nine months each year.  When they are employed, these employees work over thirty hours per week.  When does my client have to offer these employees offer coverage if it is subject to the employer mandate? A. Under Treasury Regulations Section 54.4980H-1(a)(38, the term “seasonal employee” means an

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