Category Archives: COBRA
Miscellaneous Benefit Notes – PPACA, Obamacare
Here are some mini-items that may be of interest to you: Taxation of Employee’s Domestic Partner’s Health Care As reported in EBIA, both the FICA and FUTA regulations say that an employee’s dependents “include the employee’s husband or wife, children, and any other members of the employee’s immediate family.” According to the CCA (IRS – [...]
COBRA Subsidy Extended to May 31
Congress on Friday, April 16 approved the extension of the 65% COBRA subsidy to folks terminated through May 31, 2010. It will undoubtedly be extended again. If anyone in your firm was terminated during the period from 3/31 – 4/16 and you already sent them a notice, you’ll have to re-send the notice notifying them [...]
New Model COBRA Announcements Available
The DOL has posted model notices for employers to use when an employee is eligible for COBRA or the COBRA Subsidy. Here are links to the notices. Just imagine — this is what health insurance is going to be like… who ever said it was easy doing business under a government program? General Notice: This [...]
New COBRA Extension Creates Employer Headaches
The new COBRA extension, which I blogged about here creates a new category of employee eligible for both COBRA and the COBRA subsidy — the employee who first suffered loss of coverage from a reduction in hours and then was laid off. And YOU gotta keep the records that will allow you to track those [...]
New COBRA Regulations from 3/2/10 Law
Last week the House passed and President Obama signed new legislation extending COBRA. It is a stop-gap measure… the Senatte is considering its own version of benefits extension and this buys them some time. Here is a summary of the changes. The bill is H.R. 4691, and it extends the 65%, 15-month premium subsidy for [...]