COBRA
That flu shot you're providing to employees. Are you offering it as a benefit to COBRA beneficiaries? Because you should be.
While COBRA is conceptually easy to understand, it is tactically more challenging to administer. Many employers are unaware that certain benefits are subject to COBRA. On the other hand, some employers are offering COBRA in situations which they don't have to because of a misunderstanding of the law.
The 2016 Medicare Part D annual enrollment period will begin on October 15, 2015 and run through December 7, 2015. Medicare beneficiaries can enroll in a Part D drug plan or make changes to existing coverage during this time period. Enrollment can be done through a stand-alone drug plan or a Medicare Advantage plan that integrates coverage for medical and drug expenses.
As a trusted benefits administrator, Flexible Benefit Service Corporation (Flex) wants to keep you informed on the following:
Federal regulators have recently indicated that they don’t feel the current COBRA notices provide enough information about the Exchanges and the options that COBRA beneficiaries have in the Individual Marketplace.
Most employers will be required to provide a written notification to employees in regards to the ability to access coverage through the new Health Insurance Marketplaces, also known as the exchanges. Even employers that don't provide coverage to their employees will be required to provide this written notification.
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