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| JULY 2010 |
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Keeping Your Plan's Grandfather Status | Cobra Subsidy Eligibility Period Expires |
| All About Interview Questions | DOL Releases Model Notices | |
| COBRA Subsidy Widely Used | Applications for Early Retiree Reinsurance | |
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Applications for Early Retiree Reinsurance Program
Accepted as of June 29, 2010 The Department of Health and Human Services’ Office of Consumer Information and Insurance Oversight (OCIIO) has announced it will begin accepting applications for the Early Retiree Reinsurance Program (ERRP). The Early Retiree Reinsurance Program will reimburse employers for medical claims for retirees age 55 and older who are not eligible for Medicare, and their spouses, surviving spouses, and dependents. Employers who provide health coverage for early retirees are eligible to apply. Reimbursements will be available for 80% of medical claims costs for health benefits between $15,000 and $90,000. Program participants will be able to submit claims for medical care going back to June 1, 2010. June 29, 2010 was the first day applications started being accepted. A draft application was made available June 7, and OCIIO has hosted several stakeholder outreach calls to explain the program. Additional application assistance, including a webinar, will be available online this week. Applications Application instructions and the Application are available here, along with an updated Fact Sheet, Application Submission Do’s and Don’ts, FAQs and other guidance. You can also visit www.hhs.gov/ociio to access the materials..
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| ABOUT ASCENTIS |
Ascentis Payroll processes payroll live, ensuring accuracy. Ascentis Payroll processes payroll in real-time, which can reduce processing time by as much as 30%. Pay periods can be calendared and scheduled in advance, and off-cycle payrolls can be easily processed. Instantaneous auditing allows you to make any corrections before payroll is run, ensuring 100% accuracy. With full integration with Ascentis HR, payroll can be run anytime and as often as needed. No more batch uploads or waiting for transmission windows, Ascentis Payroll is makes your job EASY. -------------------------------------------------------------------------------------------------
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Visit Ascentis at the HR
Technology Conference & Expo -
Sep. 29-Oct. 1, Chicago 6/23: Ascentis announces the launch of Ascentis Time, a new time and attendance solution. What Ascentis Payroll customers say: Legal services firm Morrison & Foerster enjoys excellent service, product ease-of-use, and powerful customization functionality with Ascentis Payroll. Read their story. An Ascentis customer since 1995, Ghriardelli Chocolate Company has increased employee satisfaction and empowered them to manage payroll information by implementing Ascentis Employee Self-Service. Read their story. |
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