The American Recovery and Reinvestment Act of 2009 (the Stimulus Bill) contains several provisions implementing COBRA subsidies for qualified individuals. A premium reduction for COBRA continuation coverage is available to "assistance eligible individuals".
Check for New Product Updates under "PLAN INFO"
MGIS is continually striving for new CDH solutions to better serve you and your employees. Check the 'PLAN INFO' link above, or go directly to our product pages: HSA, FSA, DCA, HRA, Commuter Benefits and COBRA.
The American Recovery and Reinvestment Act of 2009 (the Stimulus Bill) contains a significant modification of the COBRA continuation coverage rules, which is generally effective March 1, 2009.
The American Recovery and Reinvestment Act of 2009 (the Stimulus Bill) will now allow employees who commute via mass transit to elect up to $230 per month (up from $120) effective Sunday March 1, 2009.
You may have seen the news regarding the security breach of Heartland Payment Systems. We issue a reminder to all participants that they should closely monitor the use of their accounts on a regular basis.
As of Jan. 2008, you can only use your debit card at pharmacies who have a 'medical' merchant code, OR one of the pharmacies who offer 'point-of-service' substantiation of FSA eligibility.