Travisoft Benefits Administration Blog
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
As we start 2019, a low unemployment rate means that employers are competing for top talent, and benefits are more important than ever. As a TPA, how can you help clients stay competitive? As an employer, how can you stand out? Below are eight trends to keep top of...read more
We all know that good benefits administration is important for attracting and retaining great talent. That’s the fun side of why you do your job. Here’s the serious side: If you administer a group health plan, you bear fiduciary responsibility. Failing to fulfill your...read more
COBRA benefits can be denied to employees who are fired for gross negligence. However, to avoid legal challenges, it’s important to ensure that your termination qualifies, and to follow protocols carefully. DO understand what qualifies as gross negligence. The...read more
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