BASE^® Blog

A business is much more than just a job; it’s a passion that deserves to be protected.  Failing to comply with constantly changing employment laws poses a risk that any sized business owner can’t afford to take.  With HR360 it can help businesses simplify the process, prevent potential employee lawsuits, save time, and allow them to focus on what they do best – grow their business.

The BASE® HR360 is the HR solution dedicated to helping businesses comply with HR compliance and major laws.  The easily accessible HR library gives instructions to stay in compliance with Health Care Reform, COBRA, and FMLA.

The library consists of 11 main sections.  Each section contains all types of information that serves as a business’ guide to all things HR, and how to successfully manage their HR department and needs.  The 11 sections are Employee Benefits, Health Care Reform, Human Resources, Recruitment & Hiring, Discipline & Termination, State Employment Laws, Forms & Policies, Online HR Apps & Tools, Resource Center, Safety & Wellness, and HR Training Videos.

The HR Library has answers a business needs 24 hours a day, 7 days a week with…

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The HR Library gives easy-to-understand explanations and analysis of complicated laws and other confusing acronyms.

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The comprehensive collection includes human resources forms, sample policies, checklist, and model documents.  All are readily available in a downloadable format.

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The website is managed by a team of attorneys and HR specialists who are dedicated to deliver the online HR library and tools to keep businesses in compliance.

HR360 can take away the guesswork and save a business time, money, and frustration.  A business has the option to search the internet for guidance and information on their own, but how does anyone know that the information on the Internet is correct?  For example, by “Googling” the term “employment law, Missouri” generated more than 3 million results – who has time to sift through and find the correct information?  With HR360, once a business subscribes, they will designate the state in which the business resides.  With a breakdown of the most up-to-date information by specific state, the business is sure to be covered.  

Regardless of the amount of employees a business has, many federal and state requirements apply to companies with as few as ONE employee. 

Designed to support businesses of all sizes, HR360 is like having an HR department at your fingertips.  Contact BASE® at 888-386-9680 to subscribe to HR360 today!    

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The NEW ICHRA has created a lot of buzz lately, and BASE® has begun working with employers to see if this new HRA, set to go into effect on January 1, 2020, is right for their business.  The ICHRA is for businesses of all sizes that are looking for different options outside of standard group health insurance. But with all of this new information coming out, where does a business start?  Start with BASE®!

The BASE® Individual Coverage Health Reimbursement Arrangement (ICHRA) allows employers the opportunity to increase flexibility and employee choice by designing a reimbursement plan for their employees individually purchased health insurance.  The ICHRA will integrate with individual health insurance to provide business owners with a great alternative when it comes to providing health benefits.  It is a viable means for an employer to provide some level of employer-provided health benefit.

This HRA may be new and sound intimidating, but signing up with the BASE® ICHRA is easy. 

1. Eligibility.  Who’s eligible?  Decide which employees will be eligible and what kind of benefit they will receive.  Divide employees into classes including full time, part time, seasonal, employees working abroad, employees in a waiting period, employees working under a collective bargaining agreement, employees working outside the geographical area of the business, salaried employees, hourly employees, temporary employees, or a combination. 
2. Employee Allowances. How much do employees get?  Determine how much employees will receive for reimbursement of their premium costs and medical expenses.  There are no minimum contribution requirements or maximum contribution caps. 
3. Start Date. When does the plan start?  Most companies opt to do Open Enrollment on the calendar year, but with the ICHRA, there are special enrollment periods so that employees can find their individual market insurance outside of the Open Enrollment dates.      
4. Communications.  What do the employees need to know?  The new ICHRA is new to the business and to the employees too.  BASE® will make sure all employees know the particulars of the ICHRA.   

This type of plan provides a health benefit to better fit the needs of many businesses, and helps to streamline benefit options and cut costs without reducing value when it comes to health benefits for employees.  For the employer, the ICHRA is available to employers of any size, they are able to attract and retain employees with an increased benefits package, deduct 100% of reimbursements as a business expense, save money on not having to provide a traditional health care plan to any or all of their employees, and have peace of mind knowing BASE® is handling their plan administration.  For the employees, the ICHRA will help them have additional money to combat the continuous rise in health care, have non-taxable reimbursements, pick the individual health insurance that is just right for them, and have an easier way to get reimbursed for their health care expenses.

BASE® will work step-by-step with the business to set up the ICHRA and help the business successfully make the most out of the new ICHRA.  Who’s ready to be a part of this new and exciting change in HRAs?  Call BASE® at 888-386-9680 to get started TODAY!

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