Travisoft Benefits Administration Blog
If you’re exempt from federal COBRA rules, you might think you don’t have to worry about compliance. But are you forgetting mini-COBRAs? Just like a COBRA snake, these rules can sneak up on you to deliver a powerful bite. COBRA and Mini-COBRA The Consolidated Omnibus...read more
Employers and third-party administrators have something important in common: They’re always looking for ways to operate more efficiently. One function that is particularly time-intensive is the receipt of premium checks. Every time a check comes in, someone in your...read more
Do your COBRA policies address the rights of your employees’ children? Under the Affordable Care Act, children are allowed to stay on their parent’s health plan until they turn 26. This is true regardless of the child’s marital status, and it applies to...read more
Q: If your employee takes time off under the Family Medical Leave Act and wants to maintain health coverage while he or she is out, what is the best way to accommodate this request? A: There’s more than one correct answer – but COBRA isn’t one of them. COBRA...read more
Today’s retirees face massive health care costs. Research from Fidelity found that a 65-year-old couple retiring now can expect to spend an average of $280,000 on health care costs. At a time when many people’s retirement savings are falling short, this news may come...read more
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