Employers with 20 or more employees are required to offer COBRA benefits to departing, eligible employees.
Managing these COBRA benefits can be a burden to mid-sized businesses, whether they invest the time to manage the process in-house or invest the money to have a third party manage it.
The Affordable Care Act has added a new wrinkle into this process that both employers and employees should be aware of. The issue boils down to timing. (more…)