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