Top 4 Employee COVID-19 Benefits Coverage Questions
While the number of COVID-19 cases appears to be plateauing in much of the country, employees continue to have more questions and concerns about their health benefits and coverage than ever.
Category: Benefits and Compensation
This topic provides guidance on how to handle compensation issues in a way that attracts and retains the best talent and advances the strategic goals of your business. You get news and tips on what’s going on nationally and in the states, and updates on changes in regulations, possible governmental action, and emerging compensation trends.
Why COVID-19 Is a Wake-Up Call for Employers to Offer Virtual Care Benefits
In recent weeks, we’ve seen the strain placed on the American healthcare system by COVID-19. The pandemic has exacerbated an existing problem: There’s not enough care to go around.
Businesses Beginning to Reopen, But Not All Workers Ready to Go Back
Some states are loosening restrictions and allowing at least some businesses to reopen. But as anxious as people are to resume their pre-COVID-19 lives, some employees are hesitant to go back.
How to Approach Employee Compensation During a Furlough
In times of economic uncertainty and crisis such as this, employers often take the extreme cost-savings measure of reducing their workforce through layoffs or furlough.
New Jersey Clarifies, Further Expands Leave and Temporary DB During Epidemics
Last month, Governor Phil Murphy signed S2374 into law, which further amends and clarifies the March 25 expansions to the New Jersey Family Leave Act (NJFLA) and the New Jersey Temporary Disability Benefits Law (TDL). It also creates new reasons an employee may use protected NJFLA leave during an epidemic.
Q&A: COBRA Benefits During the Outbreak
In a recent article about Consolidated Omnibus Budget Reconciliation Act (COBRA) benefits during the pandemic, we received a number of questions. We had a chance to ask an expert for more details about how former employees interact with COBRA during this challenging time.
What Is Direct Primary Care (DPC)?
Direct primary care (DPC), as the name implies, is a type of program that provides and covers care from a primary care physician (PCP). Typically, this means only PCP visits are covered but not other services or providers.
Bad Debt Happens to Good People
A recent CreditCards.com survey revealed that 59% of American credit card holders—110 million Americans—were in credit card debt before COVID-19. And it wasn’t frivolous spending. Twenty-six percent said that day-to-day expenses like groceries, child care, or utility payments were the biggest factors in their debt balances.
3 Things Small Businesses Can Do Today to Lower Insurance Costs
You may be asking yourself: ‘How can I, as a business owner or HR professional during this crisis, reduce my insurance expenses right now?’ Managing cash flow is at the top of people’s minds right now, and yes, there is an opportunity to lower your insurance expenses immediately.
Take Care Implementing Pay, Work Reductions During COVID-19 Slowdown
Q. Because of the coronavirus, we have reduced everyone’s hours to 30 per week. An employee wants to take his paid time off (PTO) but be paid for his normal 40-hour workweek. Can the company pay for only 30 hours since that is what the entire staff has been moved to?