IRS/DOL Relief Guidance

OCA  hosted a webinar on Tuesday, May 5, 2020 to address the recent IRS/DOL joint notice that provides relief for participants and plan sponsors from certain time deadlines due to the COVID-19 Pandemic.

Our status for today is Green

 

As we all continue to navigate the COVID-19 situation and its ripple effect on our businesses and personal lives, OCA continues to be laser-focused on protecting our clients and business operations to prevent any potential disruption to our service delivery. Given our shift to work-from-home operations and other proactive measures we have undertaken, we have decided to provide proactive updates as often as we can over the next week or two. Our intention is to give you complete confidence that we are here for you, and that you can expect “business as usual” from us. Tip of the day:  During this time, employers should be aware of all their COBRA obligations, procedures, and timelines to ensure they remain in compliance with government regulations. Failure to comply with COBRA can lead to significant financial consequences. Visit OCA’s COBRA Compliance Toolkit by clicking here.

 

OCA’s latest COVID-19 Alerts

OCA Partners with TouchCare

OCA Partners with TouchCare

OCA is excited to announce a strategic partnership with TouchCare, the premier healthcare concierge service company that helps consumers navigate today's complex health care challenges.TOUCHCARE IS AHEALTHCARE CONCIERGE SERVICEWhen members get a confusing bill in the...

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IRS Annual Limits

IRS Annual Limits

IRS Annual Limits IRS Releases 2021 Cost of Living Adjustments for Certain Tax ProvisionsOn October 26, 2020, the IRS released IRS Revenue Procedure 2020-45 which provides the 2021 cost-of-living increases for inflation for certain items.  The below chart summarizes...

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Open Enrollment Communication

Open Enrollment Communication

OCA's Open Enrollment Strategy/Best Practices   With a large majority of clients renewing their benefit plan year on January 1st, many employers will soon begin (if not already) evaluating their benefit packages and communicating their open enrollment...

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Federal COBRA v State Continuation Rights

Federal COBRA v State Continuation Rights

The COVID-19 pandemic has caused millions of American workers to lose their employer-provided group health benefits resulting in an unprecedented volume of individuals and families seeking coverage either through Federal COBRA or State Continuation (sometimes referred...

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COBRA/COVID-19 Extensions Process

COBRA/COVID-19 Extensions Process

COBRA Extension Communication  Notices Include COBRA Extension Deadlines  On April 29, 2020, the Federal government extended certain COBRA deadlines for COBRA Qualified Beneficiaries should they need additional time due to the current COVID-19 pandemic. The government...

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PCORI Fee Overview

PCORI Fee Overview

PCORI Fee The Affordable Care Act imposes an annual fee called the Comparative Effectiveness Research Fee.PCORI In a Nutshell The Affordable Care Act imposed a fee on applicable self-insured health plans  (i.e. HRA plans) to help fund the Patient-Centered Outcomes...

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COBRA Compliance Toolkit

During this time, employers should be aware of all their COBRA obligations, procedures, and timelines to ensure they remain in compliance with government regulations. Failure to comply with COBRA can lead to significant financial consequences. Visit OCA’s COBRA Compliance Toolkit

COVID-19 Frequently Asked Questions

 

COVID-19 is an unprecedented, once-in-100 years global event, and we’re all learning to navigate it together as we go. OCA has provided a list of the most frequently asked legal and compliance questions related to the COVID-19 crisis and consumer-directed healthcare (CDH). The following is an overview of the types of situations that might arise as a result of the pandemic and whether such situations will permit an election change.

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