HIPAA - Heatlh Insurance Portability & Accountability Act of 1996
CLICK HERE
for an Overview of the "Patient Protection and Affordable Care Act of
2010", better known as "Obamacare" and other Health
Care Reforms.
HIPAA,
is a Law that followed
COBRA in 1996, and is a further "expansion of
COBRA"; however, it deals mainly with the issue of health coverage
portability (i.e. the ability of an insured who has exhausted COBRA extended
benefits, to then be able to obtain replacement, non-Group coverage, but on a
guaranteed issue basis, and regardless of negative health history).
Additionally, its provisions apply to all sized Groups including not only 2-19
(as in the Cal-COBRA provisions), or 20-50 (as in the Federal COBRA provisions)
and where 2-50 are defined in CA as "small Groups", but to ALL Groups
sized 2 or more employees.
The
Department of Labor (DOL) has an online resource called the "elaws
- Health Benefits Advisor" (see link below) where employers can more
fully understand and learn how to better comply with the requirements of
COBRA & HIPAA.
COBRA & HIPAA Laws are
subject to regular amendments; therefore, for the most up to date information
please refer to the following online resources and your own counsel:
IMPORTANT NOTE:
www.LeagueFinancial.com partners with
several third party COBRA/HIPAA Administrators to manage compliance matters
for its
clients. We have found that the slightly added costs of these services are well worth the savings in
rather substantial
fines and penalties that, more often than not, most employers incur due to lack
of a complete understanding of such compliance matters.
+
Get Our
- Online - 24/7 - No Obligation - Life & Health Insurance ~
Instant
Quotes
+
[Disclosure:
This information is intended as a guide and as general information, is not
definitive, and is for illustrative purposes only. The information contained herein is not intended to be used as a replacement to the
Law, to any legal forms, or to any legislative and/or other requirements. We are
not licensed for and therefore do not provide tax or legal advice]
Visit our
Services & Products
portal to access additional, information rich, website pages
Top
|