|
Home » Press Releases » Personnel Concepts Advises Employers of COBRA Subsidy Extension Through May 2010 Personnel Concepts Advises Employers of COBRA Subsidy Extension Through May 2010Apr 16, 2010ONTARIO, Calif.—Personnel Concepts, pioneer in the labor law compliance poster industry, offers the perfect product for those employers who offer health insurance and are contemplating staff reductions—the All-In-One COBRA Information Poster, which will inform employees of their right to both a health insurance extension and a premium subsidy. Congress has just passed and President Obama has signed an extension of the 65-percent COBRA subsidy through the end of May 2010. Another bill to extend coverage through the end of the year is expected to pass Congress before the latest extension expires. Through the program, involuntarily terminated employees need pay only 35 percent of the COBRA premium. The remainder is paid by the employers, who then get the cost reimbursed by deducting it from their payroll taxes. The All-In-One COBRA Information Poster will help fulfill the new notice requirements that apply to all businesses that offer health benefits to employees. To order or obtain more information on Personnel Concepts’ CHIPRA Compliance Poster, please visit http://www.PersonnelConcepts.com, or call toll free to (800) 333-3795. Personnel Concepts virtually created the labor law and health and safety compliance poster industry in 1989 with its All-On-One approach. It also led the industry in developing a skilled, knowledgeable and experienced research team that keeps constant vigil on government regulatory changes and updates clients on changing labor law and OSHA requirements. Its “We Pay the Fine” guarantee was an industry first and is still a mainstay of its strong customer service tradition. Personnel Concepts’ customers have relied on the company’s products and services for the past two decades to protect them from government fines, employee lawsuits and other costly consequences associated with non-compliance. Businesses throughout the nation have entrusted their compliance to Personnel Concepts, and the company in turn embraces that responsibility by keeping up to date on changing regulations and tailoring a wide variety of simplified solutions. The company currently advises and serves more than 1.2 million businesses throughout the |



