Strategies for Selecting the Right Third-Party Administrator Finding the right TPA and exercising due diligence can pay dividends by minimizing legal risks and ensuring smooth and cost-effective plan operation. Why Organizations Use TPAs? Unlike insurance providers that sell coverage, TPAs provide administrative and operational services most often for employers with self-insured health plans. Some examples…
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On Tuesday May 19, IRS released Notice 2021-31. This notice provides a series of questions and answers to address many issues that have arisen with respect to COBRA premium assistance available for COBRA continuation coverage under the American Rescue Plan Act (ARP). Generally, the questions and answers apply for purposes of all COBRA continuation coverage…
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On Wednesday, March 10, 2021, Congress approved the American Rescue Plan Act of 2021 and it was signed into law on March 11th, but what does that mean for COBRA coverage and Dependent Care FSAs? We’ve gathered some key points to help break it down. COBRA Continuation Coverage Subsidizes 100% of premiums for eligible state…
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In response to the COVID-19 Outbreak, the IRS and DOL has issued extensions of timelines affecting COBRA coverage.
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