News-to-Use

Direct Deposit for FSA/HRA Reimbursements

Benefit Allocation Systems provides easy and accurate flexible spending account plan administration. While employees may be limited with their banking options due to ...
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Question of the Week

Q.- If an employer is going out of business and COBRA will not be offered, does the employer have to send an unavailability of coverage notice?
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U.S. Department of Labor COVID-19 Guidance

The U.S. Department of Labor has been updating its guidance on the Families First Coronavirus Response Act (FFCRA). FFCRA provides employees protections under a new ...
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ACA Marketplace Coverage Enrollment Periods

The Affordable Care Act required all states to create a marketplace through which their residents could purchase health coverage. Some states elected to offer coverage ...
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PPP Loan Premium Reports

BAS has been receiving many requests for how to access reports summarizing costs of health coverage. This article is a reprint with directions that may be helpful for ...
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Destroying Electronic Media

The U.S. Department of Health and Human Services Office for Civil Rights has guidance on disposing of electronic devices. Employers should make sure they properly ...
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Question of the Week

Q.- I submitted a claim for vitamins to be reimbursed from my health FSA. Why is this being denied? I thought over-the-counter medicines could now be reimbursed from ...
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DOL Issues FFCRA Guidance

The Families First Coronavirus Response Act (FFCRA) requires employers with fewer than 500 employees to provide their workforce with paid sick leave and paid family ...
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Statute of Limitations for IRS ACA Penalties

The Internal Revenue Service released a Chief Counsel Memorandum advising that the Affordable Care Act’s Employer Shared Responsibility Payment (ESRP) does not have a ...
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Paycheck Protection Program Regulations Issued Evening of 4/2/2020

(Select Portions from Business Loan Program Temporary Changes; Paycheck Protection Program)
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