March 31, 2020 — Corporate Synergies regularly monitors credible resources and top industry influencers. We also contribute to the national conversation on trending insurance topics through interviews with reputable media sources and blog articles written by our internal subject matter experts.
Each week you will find the top 5 trending insurance topics and chatter here. Bookmark this page to stay updated.
DOL Outlines Small-Business Exemption from Coronavirus Paid Leave Law
Employers with fewer than 50 employees may claim an exemption from the emergency paid leave provisions of the Families First Coronavirus Response Act, specifically for leave taken for reasons of child care and school closures related to COVID-19, according to U.S.DOL guidance updated March 28.
HR Dive »
Big Telehealth Push is Health Insurers' Prime Coronavirus Response
The Families First Coronavirus Response Act requires most health plans to cover testing for COVID-19 at no cost to members. As a result, many health plans are adopting “significant changes” to their rules for covering telehealth services, including waiving patient cost-sharing expenses and expanding access to telehealth services.
Digital Insurance »
Health Benefit Carve-outs: Getting the Most from Self Funding
One advantage of health benefit carve-outs: their ability to deliver improved options for managing program costs. But is this strategy right for you?
Corporate Synergies »
The Impact of COVID-19 on Hourly and Low-wage Workers
One thing COVID-19 has done in the United States is put a spotlight on how a pandemic impacts lower-wage, hourly workers versus salaried, higher-earning employees. This group of employees is the least likely to have paid sick days or the opportunity to work from home, and losing their jobs in mass layoffs may mean they’ll lose their healthcare.
Employers Changing Policies, Benefits As COVID-19 Hits
Not all employers have the option to have employees work remotely, but they’re still doing what they can to accommodate workers.