News-to-Use

Question of the Week

  • BAS
  • 26.03.2015
Q.- I have an employee who plans to resign in June. She currently covers herself and her son under her medical insurance. She is Medicare eligible so will not need ...
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Data at Rest Encryption

  • BAS
  • 26.03.2015
Benefit Allocation Systems ensures proper security for all retained data. Not only does BAS encrypt data in transit, but BAS also encrypts data at rest.
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COBRA Participant Details

  • BAS
  • 26.03.2015
BAS' COBRA administration service through its subsidiary Cobra Control Services, LLC provides a full-service COBRA administration alternative. Our automated process ...
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COBRA Upon Change in Premium

  • BAS
  • 26.03.2015
Employers with 20 or more employees subject to the Consolidated Omnibus Budget Reconciliation Act (COBRA) must offer employees and their families who lose health ...
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Special Enrollment for Health Insurance Marketplace

  • BAS
  • 26.03.2015
A new special enrollment period for Marketplace enrollment is being offered to individuals who owe a tax penalty for not having health coverage in 2014. Between March 15 ...
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Question of the Week

  • BAS
  • 19.03.2015
Q.- Why can’t our employees be reimbursed from their health FSA for the cost of insurance premiums? Premiums are listed in IRS Publication 502 as a medical expense.
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Another Large Insurance Carrier Cyberattack

  • BAS
  • 19.03.2015
Premera Blue Cross, a health insurer based in the Pacific Northwest, announced this week that it was subject to a cyberattack potentially affecting 11 million people. ...
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New, Online FSA Claims Submission!

  • BAS
  • 19.03.2015
Benefit Allocation Systems, Inc. is pleased to announce a new, secure, online claim submission option for flexible spending account (FSA) and health reimbursement ...
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Paid Sick Leave Required in the City of Philadelphia

  • BAS
  • 19.03.2015
The City of Philadelphia will require employers to provide their employees with up to 40 hours of paid sick time each year. The law is effective starting May 13, 2015.
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Employer Payment Plans

  • BAS
  • 19.03.2015
The Affordable Care Act prohibits an employer from paying or reimbursing employee premiums for individual health insurance. These types of arrangements violate both the ...
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Question of the Week

  • BAS
  • 12.03.2015
Q. Our health plan used to cover our independent contractors. When we renew our plan April 1st, we will no longer be able to cover these people. Do we give them the ...
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NAIC Examination of Anthem Breach

  • BAS
  • 12.03.2015
The National Association of Insurance Commissioners (NAIC) has announced a multi-state examination of Anthem and its affiliates. On January 29, 2015, Anthem, Inc. ...
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BAS Self Billing

  • BAS
  • 12.03.2015
BAS' insurance "Self-Billing" service makes it easy for employers to pay their group life, short-term disability, and long-term disability premiums to their carriers. ...
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Retiree Health Benefits

  • BAS
  • 12.03.2015
A recent decision by the U.S. Supreme Court changes the previously held principles governing vesting of retiree health benefits. In M&G Polymers v. Tackett, the ...
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Small Employer Health Care Reform Tax Credit

A small employer may be eligible for a tax credit for providing health care coverage to employees.
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Question of the Week

  • BAS
  • 05.03.2015
Q.- An employee participates in our health flexible spending account plan. He wants to be reimbursed for an expense incurred by his daughter. However, he is divorced and ...
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Internet of Things Security and Privacy Suggestions

  • BAS
  • 05.03.2015
The Federal Trade Commission recently issued a staff report entitled Internet of Things: Privacy and Security in a Connected World. The report provides suggestions to ...
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Proposed Updates to Federal Contractor Sex Discrimination Rules

  • BAS
  • 05.03.2015
The United States Department of Labor proposed new guidelines to prohibit sex discrimination by federal contractors. Guidelines for sex discrimination were issued in ...
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Individual Penalties Waived for Some Taxpayers

  • BAS
  • 05.03.2015
The Internal Revenue Service will waive penalties for certain taxpayers who received subsidized health coverage through the Exchange but still owe a penalty for not ...
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