Tuesday, February 24, 2009

Staying In Shape For COBRA'S Future

In the last part of our talk with Bill Sweetnam, principal at the Washington, D.C., employee benefits firm Groom Law Group, Bill says in light of the new COBRA regulations, HR departments need to examine the way they handle terminating employees — particularly how they document firings. Those who don't will suffer the DoL consequences.

And don't be counting on that December 31 end date if the economy's still in bad shape. Since it's "politically difficult" for law makers to stop offering aid to the unemployed, Bill thinks the new COBRA could be here to stay.

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