Entries by Simon Carlson

Webinar: Peace of Mind COBRA Compliance

DATE: Wed, Aug 05, 2020 TIME: 2:00 pm EDT to 2:30 pm EDT Register for the webinar here After registering, you will receive a confirmation email containing information about joining the webinar. Request a recording here if you are unable to attend the live session. BASIC’s proven expertise ensures consistent compliance that satisfies the requirements of […]

1.0 HRCI & SHRM: FMLA Basics and COVID-19 Considerations

DATE: Thu, Jul 23, 2020 TIME: 2:00 pm EDT to 3:30 pm EDT Register for the webinar here After registering, you will receive a confirmation email containing information about joining the webinar. Request a recording here if you are unable to attend the live session. Employment attorney Allyson Terpsma will provide a refresher course on the […]

Webinar: Help Manage HR Compliance and Employee Relations

DATE: Thu, Jul 09, 2020 TIME: 2:00 pm EDT to 2:30 pm EDT Register for the webinar here After registering, you will receive a confirmation email containing information about joining the webinar. Request a recording here if you are unable to attend the live session. During this brief presentation BASIC’s Regional Director, Chris Eckert, will demonstrate […]

PCORI Fees Guide for Employers With Self-Funded HRA Plans

PCORI Fees BASIC is offering this alert about upcoming fees that apply to self-funded HRA Plans. As you may have heard, the fees payable by health insurers and self-funded plan sponsors to fund the Patient-Centered Outcomes Research Institute (PCORI) were extended on December 20, 2019, as part of the Further Consolidated Appropriations Act of 2020. […]

Human Resources Department Essentials: HR Assist Lite

Growing a business can be extremely difficult, especially in the current economic climate. Small businesses without a human resources department often find their HR responsibilities to be time consuming and overwhelming, while mid-size companies with a human resources department may be feeling the pressure to reduce expenses. In either case, BASIC’s HR Assist Lite offers […]

2021 HSA Limits: Cost-of-Living Adjustments Released by IRS

2021 HSA Limits The IRS has issued Revenue Procedure 2020-32 (2021 HSA limits), which provides the 2021 cost-of-living contribution and coverage adjustments for HSAs, as required under Code Section 223(g). Many items have increased for 2021. Health Savings Accounts 2020 2021 Self-only coverage Self-only coverage annual minimum deductible $1,400 $1,400 Self-only coverage maximum out of […]

COBRA Regulations Change Due to COVID-19

Some COBRA regulations have changed as part of the government’s response to the COVID-19 National Emergency. The Department of Labor and Internal Revenue Service issued joint regulations on April 29, 2020, providing significant extensions of various deadlines applicable to employee benefit plans, especially group health plans. COBRA regulations are affected as well, including extending the […]

The Premium Only Plan: Cutting Costs Made Easy

A Premium Only Plan (POP) is a great way for employers to reduce healthcare costs for their employees. POPs are a type of IRC Section 125 Cafeteria Plan that allows employees to pay for certain health plan premiums using pre-tax dollars. While using pre-tax dollars to pay for health care premiums is a well-known practice, […]