You can view the recording for this webinar here. You can view our entire webinar library here. DATE: Tue, Feb 18, 2020 TIME: 2:00 pm EST to 2:45 pm EST Join us for a discussion and demonstration of our proprietary leave management portal, part of BASIC’s FMLA and Leave Management Administration. Jessica will walk us […]
Applicable Large Employers (employers with at least 50 full time equivalent employees in the previous calendar year) have specific reporting obligations under the Affordable Care Act (ACA) and face sharp financial penalties when those requirements aren’t satisfied. Annual penalties for incorrect or late filing can add up quickly and compound the headaches that come with […]
As workforce demographics evolve, companies are taking notice of their employees’ changing values. Modern attitudes, especially those of Millennials and Gen-Z, place high importance in working for companies who are devoted to Corporate Social Responsibility (CSR) and investing in their employees. Many employers are satisfying those values by adopting a new benefit: Volunteer Time Off […]
The following is an update on recent tax changes, legislation, and preparations for the California Consumer Privacy Act. Legislation H.R. 1865, the “Further Consolidated Appropriations Act, 2020” was signed into law on December 20, 2019. Here are the tax changes and other items that relate to employee benefits: The Cadillac Tax was repealed The Health […]
BASIC and Ease have expanded our benefit integration partnership to now include BASIC CDH plans as part of our connection. In addition to COBRA, our connection now includes the following plans: Medical FSA Dependent Care FSA Limited Purpose FSA Parking Transit Health Reimbursement Arrangement (HRA) Health Savings Account (HSA)* Brokers and employers across the country […]
What Is Dependent Care FSA? A Flexible Spending Account is a common addition to many benefits packages, but what is Dependent Care FSA? A Dependent Care Flexible Spending Account (DCFSA) is a pre-tax benefit that allows reimbursement for qualified dependent care expenses. Qualified expenses include care for a dependent child under the age of 13 […]
HR metrics are essential to evaluating the efficiency of your human resource policies, programs, procedures and initiatives. One executive, quoted in a Society for Human Resource Management article, said, “They’re measuring how the HR function is doing as a whole and also how we’re leveraging the people in the organization to maximize the performance of […]
The U.S. departments of Health and Human Services, Labor and Treasury have issued a final rule that enables employers of all sizes to fund an additional HRA called the individual coverage HRA (ICHRA). How do ICHRAs work? On a fundamental level, an ICHRA works like any other HRA in that it is funded entirely by […]
You can view the recording for this webinar here. You can view our entire webinar library here. DATE: Tue, Jan 14, 2020 TIME: 2:00 pm EST to 2:30 pm EST On June 13, the U.S. Treasury Department, the Department of Labor, and the Department of Health and Human Services issued final regulations allowing employers of […]
You can view the recording for this webinar here. You can view our entire webinar library here. DATE: Wednesday, February 5th, 2020 TIME: 2:00 pm EST to 3:30 pm EST The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) requires certain employers to provide former employees and dependents who lose group health benefits with an […]
