Qualifying Event Archives

COBRA Notices

July 19, 2017

COBRA, Employee Benefits, Human Resources, Qualifying Event

The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) requires group health plans to provide notices to covered employees and their families explaining their COBRA rights when certain events occur. The various notices described below are subject to different timeframes and requirements under COBRA. Initial Notice The initial notice, also referred to as the general […]

Frequently Asked Questions about Employees’ Reduction in Hours

May 19, 2017

Compliance Alert, Employee Benefits, Qualifying Event, Section 125

The Section 125 cafeteria plan regulations and the Patient Protection and Affordable Care Act (ACA) require employers to take certain actions when an employee reduces hours. Below are answers to some common questions. Coverage During a Stability Period Q1: An employer has an employee who is reducing hours below 30 hours per week. The employee […]

Compliance Recap – December 2016

January 9, 2017

6055/6056 Reporting, ADA, Cafeteria Plan, Compliance Alert, Employee Benefits, Employer Mandate, GINA, HDHP, Health Savings Account, HIPAA, HRA, News, Qualifying Event

December was a relatively busy month for new laws and administrative rulemaking in the employee benefits world. President Obama signed the 21st Century Cures Act into law. The IRS issued a reporting deadline reminder, two information reporting summaries, and Q&As on information reporting. A U.S. District Court issued a nationwide preliminary injunction regarding a portion […]