BAS can bill, collect, and remit benefit premiums for employees on short-term, unpaid leaves of absence.
Employees take leaves of absence for a variety of reasons: FMLA, personal reasons, sabbaticals etc. In many cases, these leaves of absence are taken without pay. Employers may want to allow employees to continue benefits during the leave (disability benefits, life insurance, health benefits not through COBRA, other benefits) but don’t want the stress of figuring out how to get paid for the coverage. BAS can help.
With our Leave of Absence Billing Service, employers can continue benefits and get employee payments during the leave. BAS collects daily or weekly data about billable benefits that will continue during the leave of absence. BAS then sends the employee on leave an invoice with payment coupons for the employee to pay their share of contributions easily and seamlessly. BAS collects payments and remits them back to the employer.
To find out more about BAS’ Leave of Absence Billing services, contact your account manager or solutions@basusa.com.
Benefit Allocation Systems (BAS) provides best-in-class, online solutions for: Employee Benefits Enrollment; COBRA; Flexible Spending Accounts (FSAs); Health Reimbursement Accounts (HRAs); Leave of Absence Premium Billing (LOA); Affordable Care Act Record Keeping, Compliance & IRS Reporting (ACA); Group Insurance Premium Billing; Property & Casualty Premium Billing; and Payroll Integration.
MyEnroll360 can Integrate with any insurance carrier for enrollment eligibility management (e.g., Blue Cross, Blue Shield, Aetna, United Health Care, Kaiser, CIGNA and many others), and integrate with any payroll system for enrollment deduction management (e.g., Workday, ADP, Paylocity, PayCor, UKG, and many others).
