News-to-Use

New Flexible Spending Account Changes in Stimulus Bill

The Stimulus Bill (Consolidated Appropriations Act of 2021) passed by the U.S. Senate and House of Representatives on December 21, 2020 gives flexible spending account ...
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Question of the Week

Q.- A former employee has been on COBRA for 12 months. He cancelled his COBRA coverage at the end of November and enrolled in individual coverage starting December 1. He ...
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Employer Penalties for Employee Termination

The City of New Haven Health Department entered into a HIPAA corrective action plan with the Department of Health and Human Services for failing to properly terminate a ...
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ACA Hours Upload

BAS’ Affordable Care Act administration takes care of record keeping, monitoring, tax forms, and IRS e-filing, along with hand-holding support. ACA compliance is now ...
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Use that FSA!

Many employees who participate in a health flexible spending account plan wait until the end of the plan year to use their funds. While participants generally have a ...
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Updated Actuarial Value Calculator

The Affordable Care Act requires applicable large employers to offer full-time employees and their dependents minimum essential health coverage providing minimum value ...
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Question of the Week

Q.- We had a part-time employee who did not work for a few months because we were closed due to COVID restrictions. We received a Paycheck Protection loan and paid the ...
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IRS Tips to Protect Your Phone and Computer

The IRS has issued a reminder that it has videos with helpful tips on security. One video tax tip has suggestions for protecting your phone and computer. These tips ...
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COBRA – Federal or Mini?

As 2020 comes to a close, employers should review their census data to determine if they will be subject to federal COBRA or state mini-COBRA in 2021.
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New Form 5500s Released

The U.S. Department of Labor, IRS and Pension Benefit Guaranty Corporation released copies of the 2020 Form 5500 Annual Return/Report and corresponding instructions.
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Electronic Distribution of ACA Forms

Employers required to distribute Form 1095 may furnish the forms electronically if certain procedures are followed. Electronic distribution can save employers money on ...
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Question of the Week

Q.- We have a part-time employee who seems to have averaged working more than 130 hours a week during our plan’s ACA measurement period. Do we really have to offer him ...
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Administrator Changes

Employers using MyEnroll360 should make sure to notify BAS when administrators change or leave the company.
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Cobra Control Services Online Rate Renewal Program

Employers who use Cobra Control Services (“CCS”) for low-cost COBRA administration must remember to update plans and rates. The rates in MyEnroll360 are communicated to ...
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When is a COBRA Notice Mailed?

The timing and receipt of COBRA notices and payments have long operated under the “mailbox rule.” This rule provides that an item’s postmark date is its deemed delivery ...
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Price Transparency for Benefits

The U.S. Department of Health and Human Services, the U.S. Department of Labor and the U.S. Department of Treasury issued a final rule on price transparency for health ...
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