The U.S. Supreme Court is expected to hand down its decision on the constitutionality of the 2010 health care legislation in June. In the meantime, IRS agents are searching for violations of the COBRA rules. Under the Consolidated Omnibus Budget Reconciliation Act, dating back to 1986, an employer with 20 or more employees must offer continued health insurance coverage to departing employees for at least 18 months after their departure.
Failing to comply with the law results in a penalty of $100 per day. The IRS will focus on ensuring that workers have been properly notified and premiums have been calculated correctly.
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/31575/more-bite-to-cobra "
ryan howard ps i love you ray charles cheney heart transplant weather san diego unitarian new black panther party
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.