Benefits Blog

An Improved User Experience: Software and Design Updates Coming June 2018

Posted by Lindsay Barnard on Thursday, June 07, 2018 @ 09:09 AM

At 24HourFlex, we are always looking for ways to make your day better and simplify your life. That's why we partner with WEX Health to bring you to the most powerful and intuitive software to help you manage your benefits.

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Tags: COBRA, COBRA Administration, COBRA TPA, FSA, HSA, third party administrator, technology, online resources, software, wex health, mobile app

Who is 24HourFlex? [Infographic]

Posted by Lindsay Barnard on Wednesday, January 17, 2018 @ 08:37 AM

Knowing who you work with -- and providing your clients the resources to choose who they work with -- is important. But in the increasingly complex healthcare industry, it can be a challenge to juggle information from so many partners and vendors.

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Tags: Cafeteria Plans, COBRA, COBRA Administration, Compliance, Colorado, FSA, HSA, TPA, Benefit Administration, employees, benefits, employers, third party administrator, brokers, Health Savings Accounts, Infographic

Train Like an Olympian - Using Online FSA & COBRA Tools

Posted by Jim Hayes on Wednesday, February 05, 2014 @ 03:22 PM

The Winter Olympics begin this week in Sochi and we are all excited to watch athletes from around the world compete. These athletes have trained four plus years for events spanning mere minutes. From eating well, getting plenty of sleep, strength training and conditioning they have prepared in every way imaginable. While most of us aren't competing for gold over the next month we can all train to do our jobs better which includes utilizing tools that can make our jobs easier.

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Tags: COBRA, COBRA Administration

Taming COBRA: 3 Steps to Surviving a COBRA Audit

Posted by Jim Hayes on Tuesday, August 27, 2013 @ 07:23 AM

Audits of any kind are not pleasant, especially ones involving disgruntled former employees. Penalties for non-compliance include an IRS excise penalty of $100/$200 per day, an ERISA penalty of $110 per day per Qualified Beneficiary (QB), and legal fees, court costs and any medical claims not covered by insurance for the QB(s). Thankfully there are a few steps employers can take to prepare for a COBRA audit before one occurs. 

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Tags: COBRA Administration, COBRA Audit, COBRA TPA

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