COBRA Deadline Extension Update and New COBRA Model Notices

We previously communicated information regarding the new rule in response to COVID-19 that extends most COBRA deadlines to beyond the “Outbreak Period,” which it defines as March 1, 2020, to 60 days after the end of the declared COVID-19 national emergency. Additional guidance has been released clarifying the Key COBRA deadlines extended as follows:  The… Read More

COBRA Deadlines Temporarily Extended by DOL In Response to COVID-19

Effective immediately terminated workers have been given more time to elect COBRA coverage and pay premiums through a new final rule Extension of Certain Timeframes for Employee Benefit Plans, Participants, and Beneficiaries Affected by the COVID-19 Outbreak released by the DOL and IRS on May 4, 2020. The rule extends most COBRA deadlines to beyond the… Read More

Required Producer Notifications for NY State Emergency Grace Periods

New York State Emergency Regulation 62 Notice Requirement for Producers – You MUST Notify Policyholders of Premium Grace Period Extensions See below release from NYAHU outlining this requirement and to download a sample notification.  Pursuant to Governor Andrew Cuomo’s Executive Order 202.14, on April 7, 2020 the Department of Financial Services issued Emergency Regulation 62,… Read More

New York Paid Sick Leave Benefits for COVID-19

Due to the growing COVID-19 pandemic throughout the country and in New York, Governor Cuomo signed into law on March 19, 2020 Emergency COVID-19 Paid Sick Leave. This new legislation is effective immediately and provides a combination of benefits for eligible employees who are subject to an order of mandatory or precautionary quarantine or isolation… Read More

New Jersey Update: Additional Reporting Requirements for 1094/1095

As per New Jersey State Law, in addition to the original 1094/1095 filing requirements we communicated previously, New Jersey applicable large employers (ALE’s) and self-insured small groups MUST also file electronically with New Jersey by March 31, 2020. They will not accept paper filings. For information on how to file electronically from New Jersey State… Read More

2020 ACA Reporting Deadlines for forms 1094/1095

Applicable large employers (ALEs)—those that had an average of 50 or more full-time employees or full-time equivalents during the 2019 calendar year must report whether they offered eligible employees affordable health coverage that provides minimum essential coverage and meets the minimum value threshold using Form 1095-C. Small employers with fewer than 50 full-time employees are… Read More

Creditable Coverage Disclosure Deadline and Requirements

The Centers for Medicare and Medicaid Services (CMS) requires employers that offer health plans covering outpatient prescription drugs to complete an online disclosure form 60 days from the start of each health plan year.   Creditable coverage means the group health plan’s prescription drug coverage is actuarially equivalent to Medicare’s Part D drug plans. In… Read More

You’re Invited To A Broker Learning Webinar: Treating Employees Differently

Together with our legal partner Thompson Hine we are offering a series of short webinars to address common questions that are asked by our broker partners. Below are details and registration for the first webinar in this series. Treating Employees Differently Date: Tuesday, February 4, 2020 Time: 10:00 AM to 10:30 AM Please register here by… Read More

Cybersecurity Update: Certification of Compliance Due April 15, 2020

All Covered Entities and licensed persons who are not fully exempt from the Regulation are required to submit a Certification of Compliance no later than April 15, 2020 (extended from February 15, 2020), attesting to their compliance for the 2019 calendar year. Note: Last year you were required to file two parts, a Notice of… Read More