The COVID-19 pandemic isn’t over yet. Although many states have reopened, and much of the news has shifted focus to the ongoing protests, the coronavirus is still a serious threat. As such, there is still legislation and guidance being released for employers and...
Many have lost their jobs due to COVID-19 and the associated business closures and economic disruption. To provide relief, the IRS and the DOL have announced an extension of certain timeframes for employee benefit plans, participants and beneficiaries affected by the...
Even a Fortune 500 company can struggle to keep up with COBRA notice requirements. Several lawsuits involving inadequate COBRA notices have been filed recently. Now a class action lawsuit against Pepsico, Inc. is moving forward. The Surge in COBRA Notice Lawsuits...
For small business owners, ignoring COBRA could be a big mistake. Although the federal law does not apply to employers under a certain size, many states have additional laws that impact small business owners. The Federal Requirements Federal law requires certain...
Nobody’s perfect, so mistakes are bound to happen from time to time. Unfortunately, when it comes to COBRA notices, a little human error can lead to major costs. Recent class action lawsuits are proving just how much attention to detail matters when sending COBRA...
As we ring in the new year, it’s time to make resolutions. This year, make a resolution you can actually keep. For employers and third-party administrators, the perfect resolution is simple. Resolve to embrace better payment collection by using a lockbox service. A...