Employers are seeing an increase in lawsuits from former employees alleging deficient Consolidated Omnibus Budget Reconciliation Act (COBRA) election notices. These lawsuits are generally class actions and can result in significant attorneys’ fee awards for successful ex-employees. Strategies to eliminate this problem can be found here.
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Discover the rising class action lawsuits against employers for deficient COBRA election notices with penalties up to $110/day.
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On Feb. 18, 2022, President Biden announced an extension of the National Emergency concerning COVID-19, stating that it must continue in effect beyond March 1, 2022. This extension impacts deadline relief related to the following employee benefit plan deadlines: HIPAA time frames—The 30-day period (or 60-day period, if applicable) to request special enrollment. COBRA time […]
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COBRA rules have changed over the past two years in order to recognize the complications accompanying the COVID-19 pandemic. The resulting confusion can result in penalties, medical claims, litigation, and class-action lawsuits.
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More information on the COBRA deadline extension. IRS Notice 2021-58 clarifies the application of certain COBRA deadline extensions for electing COBRA coverage and paying COBRA premiums under prior relief that was issued as a result of the COVID-19 outbreak (“Emergency Relief”).
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The COBRA premium assistance provided under the American Rescue Plan Act of 2021 (ARPA) is coming to an end. Learn more about the requirements and deadlines coming on September 30, 2021.
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On May 18, 2021, the IRS issued Notice 2021-31, a guidance document on the American Rescue Plan Act (ARPA) subsidy for continuation health coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA). The Notice discusses the background of the subsidy and includes 86 questions and answers (Q&As) about its application. A Quick Recap: […]
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Let MyHRConcierge keep you in compliance with the New ARPA COBRA Requirements.
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The American Rescue Plan Act (ARPA), signed into law March 11, 2021, provides a 100% subsidy of premiums for employer-sponsored group health insurance continued under the Consolidated Omnibus Budget Reconciliation Act of 1986 (COBRA) and similar state continuation of coverage (mini-COBRA) programs.
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. WAU.S. Department of Labor (DOL) Issues New Model Notices for COBRA The U.S. Department of Labor (DOL) has issued new model notices for group health plan administrators to use to comply with COBRA notification requirements, the agency announced on May 1, 2020. Plan administrators are not required to use the updated model notices. However, […]
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Watch our COBRA Compliance webinar that provides insight into 4 common mistakes business owners make when administering COBRA benefits.
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Execupay and MyHRConcierge are partnering to offer COBRA compliance and Unemployment Insurance Claims Services to Execupay’s network of 150 payroll and HR service providers that serve more than 1 million employees across the U.S for a set monthly fee.
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MyHRConcierge has announced the rollout of COBRACompli, a next-level COBRA compliance service that independent payroll providers and brokers can deliver to their small to medium business clients across the U.S.
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MyHRConcierge is launching COBRACompli, a monthly subscription service that makes it more affordable for business owners to effectively handle complex compliance and administration details required by Federal COBRA laws.
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COBRA errors can cost employers at least $300 a day if not properly administered. See 3 common COBRA errors employers make and how to avoid them.
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