03.25.2020 – Benefits Info COVID-19 Resources Newsletter
We hope this post finds you well… here are some of the latest updates related to COVID-19.
Under the Families First Coronavirus Response Act (FFCRA), covered employers must post a notice of the FFCRA requirements in a conspicuous place on its premises. The attached HR Compliance Bulletin includes frequently asked questions issued by the DOL on this notice requirement.
As business closures increase due to the COVID-19 pandemic, employers are faced with questions about compensation and health benefits coverage for their employees. Government relief measures may provide compensation for businesses and individuals in certain situations. In other cases, existing rules on employee rights will apply. The attached Compliance Overview provides a summary of the issues that employers may encounter when terminating or suspending employment due to COVID-19.
Please also be aware of a Special Enrollment Period (SEP) currently offered by the major medical providers. UHC has published the details of their SEP which we have attached here. Others have simply shared the range of dates. In essence the medical carriers are affording plan administrators the ability to hold open enrollment for those who previously waived during the last open enrollment to join between now and early April (for example, April 3rd with Anthem or April 6th with UHC) to be effective April 1st. Major medical carriers are also relaxing the requirement that eligible employees maintain 30+ hours per week to be eligible through at least the end of May for those who wish to maintain benefit eligibility.
If you have any questions, please contact your Crane Agency Service Team. We are here for you and will keep you posted on major developments. For the latest information and updates on COVID-19, please visit the Crane Agency Blog. Be well.