Management Buzz 01/05 Keep up to do with COBRA, stop fearing exporting and more

That Bites

COBRA, the federal act that lets workers temporarily continuedrawing health insurance when they switch jobs, has been taken forgranted by businesses. But over the past year, the federalgovernment has changed important aspects of COBRA-changesslipping under small firms' radar.

"Ninety percent of companies are not compliant with the newCOBRA regulations," says Eric Raymond, CEO of Corporate SynergiesInc., a Mount Laurel, New Jersey, employee benefits consultingfirm. "It's impossible to stay on top ofchanges."