BAS Weekly News to Use
Benefit Allocation Systems, Inc. ("BAS") is an employee benefits and property & casualty insurance technology & services company dedicated to the use of technology to improve benefits administration and benefit communication.
• Enrollment
• COBRA/HIPAA
• Flexible Spending Accounts
• Health Reimbursement Accounts |
• Communications
• Retiree Billing
• Consolidated Billing
• Single Sign On |
MyEnroll Feature
Access to COBRA Notices
MyEnroll.com provides COBRA administrators 24/7 access to COBRA correspondence sent to employees, former employees and COBRA beneficiaries. COBRA documents are organized in a central location for easy access.
Read more»
MYENROLL SECURITY
BAS Incoming Email Blocking
In keeping with its effort to protect client data and limit PII/PHI, BAS' email system will not accept an unencrypted email that contains a formatted social security number in either the email's subject, body or attachments.
Read more»
HR AND BENEFITS COMPLIANCE
CHIP Notice Distribution Requirement
Almost all employers are required to notify employees of the availability of government-provided health plan premium assistance. A "CHIP Notice" must be distributed to employees each year, before the start of the plan year.
Read more»
HEALTH CARE REFORM
Changes to Health Care FSA Contribution Limits
Health Care Flexible Spending Accounts are subject to a $2,500 salary reduction contribution limit beginning January 1, 2013. Employers with calendar year FSAs should amend their plans and prepare employee communications. Employers with non-calendar year FSAs should consider implementing the new contribution limit as of the first day of the plan year beginning in 2012, rather than waiting until 2013.
Read more»
QUESTION OF THE WEEK
FSA Reimbursement for Headache Medicine
Q- I am traveling to Ireland to kiss the Blarney Stone and celebrate St. Patrick's Day. I plan to purchase headache relief medicine to take with me. May I submit the cost of the medicine to my health care flexible spending account for reimbursement?
Read more»
|
