Author Archives: Hoffman Insurance Group
Information for Employers and Group Health Plan Sponsors on COVID-19
States and the federal government have issued (or re-issued) guidance for employers in response to the recent novel coronavirus disease 2019 (COVID-19) pandemic. As of March 14, 2020, the Centers for Disease Control and Prevention (CDC) has reported more than … Continue reading
Coronavirus and Workers’ Compensation
Mar 05, 2020 By Chris Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS Executive Director, IIABA’s Virtual University A pandemic is defined as, an outbreak of a disease that occurs over a wide geographic area and affects an exceptionally … Continue reading
Interim Guidance for Businesses and Employers to Plan and Respond to COVID-19
Introduction This interim guidance is based on what is currently known about the coronavirus disease 2019 (COVID-19). The Centers for Disease Control and Prevention (CDC) will update this interim guidance as needed and as additional information becomes available. CDC is working … Continue reading
CMS Extends Transition Relief for Non-Compliant Plans through 2021
On January 31, 2020 the Centers for Medicare & Medicaid Services (CMS) announced a one-year extension to the transition policy (originally announced November 14, 2013 and extended six times since) for individual and small group health plans that allows issuers … Continue reading
Carrier Non-Disclosure Agreements: Limiting Broker-Delivered Value
A disturbing new trend among certain carriers may make it more difficult for plan sponsors and their broker/consultants to discharge their plan responsibilities. As we all know, one of the key value propositions that an insurance broker provides to his/her … Continue reading
Infographic: HSA By the Numbers
FEBRUARY 2020: American Heart Month
Heart disease, which includes strokes and other cardiovascular diseases, is a pervasive problem in the United States. In fact, more than 12 million people visit their physicians each year for heart disease-related reasons. Individuals diagnosed with heart disease may suffer … Continue reading
The Coronavirus is Getting Worse
Congress Repeals UBIT on Non-Profits with Transit Plans
Congress Repeals Unrelated Business Income Tax for Tax-Exempt Entities Offering Qualified Transportation Fringe Benefits As part of the Further Consolidated Appropriations Act, 2020 (the “Act”), Congress repealed Section 512(a)(7) of the Internal Revenue Code of 1986 (the “Code”). This Code … Continue reading
5 Employee Wellness Trends to Watch in 2020
Brought to you by the insurance professionals at Hoffman Insurance Group, LLC As we start a new year, how are you feeling? This is an important question to consider since wellness will continue to be a huge factor for companies … Continue reading
