The American Recovery & Reinvestment Act of 2009
On Friday, February 13, 2009, the House of Representatives and Senate approved the conference report for the American Recovery and Reinvestment Act of 2009. While this report contained a lot of stimulus projects, one item of particular relates very much to the workings of many small and medium-sized businesses as it relates to COBRA Coverage.

If you are an employer with more than 20 employees who offers medical insurance coverage for your employees, you are responsible for extending an offer for COBRA to any employees who are separated from working for you. COBRA allows employees to keep their medical insurance coverage at – until the American Recovery and Reinvestment Act – 100% of the premiums for the insurance having to be paid by the employee. This law passed by Congress

Indications for Small & Medium-Sized Businesses
Of course the task of assembling the documents, the training materials, scheduling events, providing a trained facilitator to meet with your new or current employees would be the job of your well-staffed and qualified Human Resources department. If you are lacking in one, as most small and many medium-sized businesses are, then you can turn to the quality support of a Professional Employer Organization like H.R. Wise to set up your orientations for you at no extra charge for the service. Give us a call today to take advantage of our May bargains for new clients and you could save hundreds in your first year alone.

Sincerely,
Greg O’Keefe
Member

(480)626-2109 Office
(480)703-6005 Cell
(800)631-9913 Toll Free
(480)626-1451 Fax
gokeefe@hrwisellc.com
www.hrwisellc.com

If you wish to opt out of receiving future e-mails from HR Wise, LLC, you may do so by clicking here.