Published July 2009 With Health Savings Accounts (HSAs), individuals and businesses buy less expensive health insurance policies with high deductibles. Contributions to the accounts are made on a pre-tax basis. The money can accumulate year after year tax free, and be withdrawn tax free to pay for a variety of medical expenses such as doctor […]
Published July 2009 BASIC FMLA Dashboard The BASIC FMLA Dashboard was meticulously designed by our programmers to give clients direct access to their company’s FMLA claims. The dashboard is a secure web-based service that allows employers and authorized personnel to view, search and download claim details. As always, our clients can speak with their FMLA […]
Published June 2009 BASIC was founded in 1989 and is headquartered in Portage, Michigan. Since our modest beginnings, we have grown into one of the largest TPA’s of our type and now serve over 9,000 clients in 45 states. A unique part of our business model is our Regional Sales Directors. They are located in […]
Published June 2009 Five Leadership Mistakes to Avoid Mistakes will happen. The good news is lots of examples exist to learn from the mistakes of other leaders. Look over the following common mistakes to see what areas need adjustments. Not Walking the Walk. Your employees see (and talk about) what you do and what you […]
Published June 2009 There are obviously many benefits of using direct deposit to pay your employees. But there may still be resistance from some employees who don’t trust banks, or prefer to have paper checks placed in their hands on payday. Here are some ways you might be able to increase participation, and therefore, maximize […]
Published May 2009 NEW HEALTH CARE LAW REQUIRES ADDITIONAL SPECIAL ENROLLMENT RIGHTS, NOTICE, AND DISCLOSURE OBLIGATIONS FOR EMPLOYER-PROVIDED GROUP HEALTH PLANS By Larry Grudizen The Children’s Health Insurance Program (CHIP) Reauthorization Act of 2009 extends and expands the State Children’s Health Insurance Program. Under the new law, states are allowed to subsidize premiums for employer-provided […]
Published April 2009 According to the U.S. Equal Employment Opportunity Commission (EEOC), during the 2008 fiscal year, the number of workplace discrimination charge filings jumped 15 percent compared to the prior year resulting in 95,402 filings. The EEOC enforces discriminatory employment laws, such as discrimination based on age, race, gender, sexual orientation, and disability. While […]
Published April 2009 On March 31, 2009, the Internal Revenue Service (“IRS”) released Notice 2009-27 providing extensive guidance on a number of different areas regarding the COBRA assistance premium subsidy under the American Recovery and Reinvestment Act of 2009 (“ARRA”). The Notice contains a brief background explanation with fifty-eight (58) questions and answers. In the […]
Published April 2009 The Department of Labor (DOL) has recently issued new regulations providing some interpretation of FMLA , which took effect on January 16, 2009. These regulations were intended to provide clarity to workers and employers regarding their rights and responsibilities under the Act. So what does this mean for employers? It provided clarity […]
Published March 2009 Our Customer Service Representatives are often asked about our process and timeframe for processing FSA and HRA claims. Although we process claims every business day, the standard processing cycle from the time the claim is received by BASIC and the participant receives payment is typically 4 business days, 2 days of this […]
