New Flexible Spending Account Changes in Stimulus Bill
- BAS
- 22.12.2020
- Covid
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
- BAS
- 17.12.2020
- COBRA
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
- BAS
- 17.12.2020
- MyEnroll360 Security
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
- 17.12.2020
- MyEnroll360 Feature
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!
- BAS
- 17.12.2020
- HR & Benefits Compliance
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
- BAS
- 17.12.2020
- Health Care Reform (ACA)
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
- BAS
- 10.12.2020
- Health Care Reform (ACA)
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
- BAS
- 10.12.2020
- MyEnroll360 Security
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?
- BAS
- 10.12.2020
- COBRA
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
- BAS
- 10.12.2020
- HR & Benefits Compliance
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
- BAS
- 10.12.2020
- Health Care Reform (ACA)
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
- BAS
- 03.12.2020
- Affordable Care Act
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
- BAS
- 03.12.2020
- MyEnroll360 Security
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
- BAS
- 03.12.2020
- COBRA
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?
- BAS
- 03.12.2020
- COBRA
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
- BAS
- 03.12.2020
- Health Care Reform (ACA)
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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