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Hoffman Insurance Group Blog

Understanding the Historic $2 Trillion Stimulus Package

The Coronavirus (COVID-19) pandemic has put a major strain on every aspect of daily life around the world, including the United States. As spread of the disease shows no sign of slowing down, there is a steadily increasing concern in … Continue reading

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New Details On The Cares Act

Written by: John D. Martin, CPA J. Martin & Company, PC   On Friday, March 27th, President Trump signed into law the Cares Act.  With this passage and additional analysis on the Families First COVID-19 Response Act, we are beginning … Continue reading

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Payment and Grace Period Flexibilities Announced

The Centers for Medicare & Medicaid Services (CMS) posted guidance on Payment and Grace Period Flexibilities for Issuers Offering Coverage on the Federally-facilitated Exchanges and State-based Exchanges on the Federal Platform. Under the newly released guidance, CMS announced that it … Continue reading

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Congress Agrees to $2 Trillion Coronavirus Relief Bill

On Wednesday, March 25, 2020—after days of debate—Congress agreed to a $2 trillion economic rescue package designed to provide financial assistance to Americans and their families, and billions of dollars in loans for businesses. Voting is expected midday. The package … Continue reading

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COVID-19 Resources from Zywave

Zywave offers complimentary webinars for our Partners to help you stay up to date on important compliance topics that affect your clients. The webinars are presented by Zywave’s legal content attorneys, who are experienced in helping employers understand their obligations. … Continue reading

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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

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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

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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

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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

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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

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