Infinisource Newsroom

Your source for Human Resources, Payroll, and Benefit related news

The Infinisource Newsroom provides timely updates on the complex and changing regulations of workforce management

 

TPA May Be Liable for Failure to Communicate

failure to communicate

When an employer delegates COBRA duties to a third party administrator (TPA), one key function is notifying Qualified Beneficiaries (QB) of a premium rate increase. Recently, one TPA learned that a mistake can be an ERISA breach of fiduciary duty. In the case of Barrett v. Microdynamics Corp., the TPA administered COBRA for the employer. […]

What’s a COBRA Qualifying Event?

questions

First in a series of three articles When an employee experiences an event listed below that causes a loss of coverage under the group health plan, it’s a COBRA qualifying event and COBRA must be offered. The loss of coverage need not occur immediately after the event. According to the IRS, a loss of coverage […]

The Newsroom Top 10

The end of the year is a time to reflect and remember what has transpired over the last 12 months. Infinisource is taking a moment to provide you with our top 10 posts in The Newsroom for 2013 as determined by our readers. Let us know, do you agree with the top 10? What was […]

Preparing a Solid Financial Plan with an FSA

save

Budgeting and saving are two basic ingredients to a good financial plan. What is often overlooked during these financial discussions is an employer-provided benefit:  Flexible Spending Accounts (FSAs).  This is not only a good financial plan for employees, but also employers. An FSA allows employees to use pretax dollars to fund eligible health care related […]

COBRA Implications for ACA

ACA

With all the Affordable Care Act (ACA) regulations and changes, it might be easy to overlook the COBRA implications.  Employers should be aware that the name of the game in 2015 and beyond will be avoiding the penalty taxes related to group health coverage.  A few of the stumbling blocks with COBRA and ACA include […]