COBRA Subsidy Not Extended - For Now
As of June 22, 2010, the COBRA subsidy has not been extended beyond May 31, 2010. Individuals who are involuntary terminated June 1, 2010 or later are not eligible to receive the subsidy. Sen. Robert Casey (D-PA) offered an amendment (S. Amt. 4371) to a stripped down version of a Senate tax-extender bill that would extend the COBRA premium subsidy program through November 2010. At this point it is unclear if the bill and its amendments will pass.
June 22, 2010 · Categories: COBRA · Read article »
BenefitFocus Names Discovery Benefits Best COBRA TPA
"Discovery Benefits wins Best COBRA TPA! All the way from Fargo, North Dakota... Discovery Benefits was the first ancillary carrier to enter the Benefitfocus Partner Certification Program and they did so right as The American Recovery and Reinvestment Act of 2009 was being legislated."
June 2, 2010 · Categories: General, COBRA · Read article »
Red Flag Rules Delayed through December 31, 2010
In response to several lawsuits that have been filed as well as the requests of several Members of Congress, the Federal Trade Commission has further delayed the enforcement of the Red Flags Rule through December 31, 2010.
The Red Flags Rule became effective on January 1, 2008, with full compliance for all covered entities originally required by November 1, 2008. However, the FTC has delayed the enforcement of the rule several times. The latest enforcement delay was scheduled to expire on June 1, 2010.
June 1, 2010 · Categories: General, HRA, FSA · Read article »