Yesterday, the PBGC announced that it is changing previous guidance on delayed contributions to allow greater flexibility for funding contributions delayed under the CARES Act. The restated guidance allows companies to apply payments made through January 1, 2021, to the funding balance for the prior year in calculating the variable rate premium.
Topic Archives:
New Survey of Large Employers Highlights Efforts to Provide the Best Health Options for Employees, Obstacles to Lowering Costs
Many Americans are suffering economic hardship and have experienced increased, and unanticipated health care needs due to the pandemic. ERIC has worked with Congress and the Administration to help alleviate some of the pressures on employees.
State Win: COVID-19 Paid Leave Proposals Scrapped in California
Two major paid leave proposals have been defeated in California, preventing additional burdens from being placed on employers within the state. As the California 2020 state legislative session approaches an accelerated adjournment at the end of August, state legislators have opted to abandon several proposals addressing “supplemental” or “emergency” paid leave in favor of more politically feasible and expedient policies in response to the COVID-19 public health crisis.
Telehealth Victory in FAQs, ERIC Supports DCFSA & Telehealth Leg., Senate HELP Hearing & More
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ERIC Win: Georgia PSYPACT Legislation Passes House
The Georgia General Assembly passed SB 306, which would allow the state to join the audiology and speech-language pathology interstate compact. The legislation passed 138-0, and will now be sent to the Governor’s Office for signature.
ERIC Applauds Agencies for Taking Action to Expand COVID-19 Guidance for Employers and Employees
ERIC applauds the Departments of Treasury, Health and Human Services, and Labor for issuing the guidance ERIC requested clarifying that during the COVID-19 pandemic employers can extend a telehealth-only plan to employees or their dependents who are not eligible to participate in the employer’s health plans.
IRS Updates – Additional CARES Act Guidance & Comment Request on Guidance Plan
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Victory! New COVID Testing FAQs Include ERIC Telehealth Proposal
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Louisiana Surprise Billing Legislation Deferred
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ERIC Win: OH HB 679 Telehealth Bill Amended
The Ohio House Insurance Committee amended Ohio telehealth legislation HB 679, making several critical changes ERIC had advocated for.