Were you able to attend the “How a Wrap Can Prevent Thousands in Penalties” webinar we co-sponsored with myHRcounsel™ at the end of September? We are resending the link to replay the webinar for those who were unable to attend, or could benefit from another review of the material.
ESC provides our clients with an SPD that meets ERISA requirements. However, that is rarely the case and far from guaranteed for any other health welfare benefit plans you offer your core or hourly employees. A Wrap document from myHRcounsel™ can take care of the ERISA requirements for those plans and save you tens of thousands in penalty and interest.
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No immediate changes expected for employers but a Supreme Court battle is anticipated.
U.S. District Judge Reed O’Connor for the Northern District of Texas ruled on Friday that the Affordable Care Act (ACA) is unconstitutional, in its entirety.
A final ruling, however, may be months or even years away. It is important to keep in mind that the Individual Mandate is still in effect for 2018 and does not end until January of 2019. Thus, individuals must still have individual health coverage in order to avoid being penalized. The other provisions of the ACA, such as the Employer Mandate, continue unchanged until there is an ultimate determination on this controversial and polarizing law.
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COVID-19 and ESC Benefits
Important Updates Regarding the Current Coronavirus Pandemic
and ESC Fixed Indemnity, MEC, and Bronze Major Medical Plans
COVID-19 has swiftly introduced enormous uncertainty into the day-to-day operations of staffing companies. The purpose of this webinar is to provide Tricom customers offering ESC benefits with the information needed to confidently answer any employee questions that may arise regarding ESC benefits and COVID-19. In this brief webinar we will discuss COVID-19 testing as it relates to our Bronze Major Medical, Fixed Indemnity, and MEC health plans, as well as the ESC Short-Term Disability benefit plan. We will also review the ESC “missed premium” feature and answer any questions you may have regarding your employee’s use of our benefits at this time.
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