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Industry News
Some Insurers Step Up Group Health Plan Assistance
Some health insurers are helping business workers in group plans maintain employee benefits during the COVID-19 pandemic, a new survey has found. Social distancing and stay-at-home orders have put the hurt on hundreds of thousands of businesses across the...
10 Potential Causes of Employee COVID-19 Lawsuits
The novel coronavirus that broke out in the winter has caused immeasurable suffering, both physical and economic. For employers struggling to stay in business, this is a fraught time where mistakes in managing their workforces could lead to employee lawsuits. Here are...
COVID-19 Changes to Health Plans Must Be Documented, Circulated
A number of plan sponsors have made changes to their group health plans in response to the COVID-19 pandemic, such as covering testing and sometimes treatment without any cost-sharing by the plan enrollee. But any changes that are made must be followed up by amending...
Medicare Advantage, Part D Plans Get COVID-19 Leeway
The Centers for Medicare and Medicaid Services has issued new guidance regarding how Medicare Advantage and Part D plans can respond to enrollees affected by the coronavirus outbreak. Under the guidance, the plans are authorized, but not required to waive...
Tips for Successful Telecommuting During Outbreak
As the coronavirus spread ramps up and more people are being asked to self-isolate, many employers are scrambling to put systems in place to allow their employees to telecommute. Many companies are not set up for telecommuting arrangements, and they have...
IRS Allows HDHPs to Pay for COVID-19 Testing, Treatment Pre-Deductible
The IRS has issued new emergency guidance that allows insurers to waive the cost of coronavirus testing and treatment for individuals who are enrolled in high-deductible health plans (HDHPs). Major health insurers report they've been concerned that if they can make...
CARES Act Helps Coronavirus-affected Employers, Employees Alike
The $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act stimulus law to help American workers and businesses weather the outbreak has a number of provisions that employers and their workers need to know about and can take advantage of during this...
Coronavirus Update – 4-1-20
Here are the latest items that we've come across that we believe will be of value to you. Paycheck Protection Program (PPP): We have spoken with many businesses who are looking to leverage the PPP that was part of the CARES Act, and as a reminder this is targeted...
New Law Requires COVID-19 Paid Sick Leave, FMLA Benefits
Legislation signed into law by President Trump will extend sick leave benefits for workers who are sickened by the coronavirus, as well as provide for additional weeks of time off under the Family Medical Leave Act so they can be guaranteed of being able to return to...