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Article: Paychex Announces New COBRA Administration Services; Paychex Services Meet Federal and State Mandates Requiring Health Care Coverage Continuation for Employees and Beneficiaries.
- Article from:
- Business Wire
- Article date:
- August 16, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ROCHESTER, N.Y. -- Paychex, Inc. today announced the addition of Paychex COBRA Administration to the company's suite of human resource services for small and medium-sized businesses. Paychex offers both COBRA and state continuation services, which meet federal and state mandates for the temporary continuation of health care coverage for employees and their families that would otherwise end because of certain qualifying events. Paychex COBRA Administration, available to Paychex clients as well as other businesses, also helps employers stay in compliance and avoid costly penalties that can be incurred.
The Consolidated Omnibus Budget Reconciliation Act (COBRA) ...