Today, March 18, 2020, the U.S. Senate voted to approve a coronavirus relief bill. President Trump is expected to sign the bill into law. Find details below: Legal Update: Coronavirus Law Enacted, Requires Paid Employee Leave [PDF]
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MVP Healthcare & CDPHP enter Partnership for Emergency Telemedicine
As we continue to monitor the situation with Covid 19 – we have some updates, if you are enrolled with CDPHP or MVP Healthcare – they have teamed up to provide their members with access to telemedicine 24 hours a day – with a partnership with United Concierge Medicine – branded as CDPHP’s ER Anywhere […]
Continue ReadingNew York State of Health Opens Special Enrollment Period for COVID-19
Please see an urgent press release from the NY State of Health. They are opening a special enrollment period due to the COVID 19 virus. We urge all New Yorkers who do not have coverage now, to please call the NY State of Health to set up an account to see what coverages you may […]
Continue ReadingCOVID-19 Insurance Carrier Resources
At SDL + GHS, we understand that our clients are faced with numerous articles, news sources, and breaking news. The COVID-19 virus is an ever-changing and evolving situation – and it is important that you maintain good resources for your information such as the Centers for Disease Control and your State Department of Health websites. […]
Continue Reading6 Ways A Self-Insured Plan Will Benefit You
1.) Pay Only for Healthcare Your Members Consume Self-Insured employers pay for only the healthcare claims their members consume, a low stop-loss insurance premium for catastrophic claim coverage, and an administrative fee to a third party administrator who will administer their program. For comparison purposes, fully insured employers pay insurance premiums that are primarily based […]
Continue ReadingEmployers that are looking for peace of mind, a Fully Insured plan might be the way to go
1.) Payments The company pays a premium, typically fixed for a year, to the insurance carrier. The monthly premium normally only changes during the year if the number of enrolled employees in the plan changes 2.) Assumption of Risk The insurance carrier collects the premiums and pays the health care claims based on the coverage […]
Continue ReadingDo You Provide Compensation To Employees Who Opt Out of Benefits?
“Cash-in-Lieu” Options Face Compliance Hurdles in 2017by nahucompliance IRS rules further regulating cash-in-lieu (opt-out) programs are effective the first day of the plan year beginning on or after January 1, 2017. The rules provide for two different types of cash-in-lieu or opt-out arrangements: conditional and unconditional. The easiest opt-out plan administratively is an “unconditional opt-out” […]
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