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The Importance of COBRA Compliance
A
Clerical Error Can Cost You Your Business
The term COBRA Compliance can cause fear and uncertainty in
even the most experienced Human Resources Department – and with good reason:
- The rules are detailed,
complex and ever changing
- Recent regulations contain more than 30 subject areas
that include key
changes and clarifications.
Self administration of COBRA and HIPAA is a risky
proposition, and failure to comply can have staggering financial
consequences. In fact, multi-million
dollar
judgments have been declared for common violations.
Are you in compliance?
- According to a leading Human Resources
magazine, an estimated 95% of all COBRA eligible employers
are not in compliance.
- Are you leaving your company open to massive
taxes and penalties due to preventable compliance violations?
Don’t let COBRA and HIPAA Administration
bankrupt your business! Learn about IOA’s COBRA
Services. |
