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Weekly COVID-19 Check-In Webinar

April 3 @ 1:00 pm - 2:00 pm

What UBA Partners Need to Know About COVID-19 and Employee Health Benefits Coverage

Friday, April 3, 2020 • 2:00 p.m. Eastern time

In light of the Novel Coronavirus 2019 (COVID-19) pandemic, workplaces are experiencing increased rates of absenteeism, a decline in revenue and business interruption due to a lack of access to supplies and services. As a consequence, many employers are suffering from unprecedented financial instability, which has resulted in a significant increase in employee terminations, layoffs and furloughs.

UBA’s compliance team is receiving numerous questions regarding whether cafeteria plan employee health insurance and other elections may be changed mid-year in response to an employee’s reduced hours, layoff, furloughs or inability to pay their share of the health insurance premiums.

UBA’s Director of Compliance, Bonita Hatchett, will host a webinar for UBA Partners every week throughout this pandemic to address the topics important to you.

This week’s webinar will cover the Coronavirus Aid, Relief, and Economic Security (CARES) Act, providing valuable information that you may share with your clients. In the following weeks, we’ll cover health insurance coverage options and limitations during these difficult times, including:

  • Coronavirus Aid, Relief, and Economic Security (CARES) Act
  • Cafeteria plan permitted election changes
  • Mid-year health insurance cost changes
  • Employee reduction in hours and health eligibility
  • Understanding health insurance eligibility issues during furlough
  • Health insurance coverage mandated under FMLA and EFMLA
  • Health insurance coverage during non-FMLA leave and furlough
  • Employee payment for health insurance coverage during FMLA and EFMLA
  • Employee termination during furlough and related COBRA issues
  • ACA issues during furlough
  • Health FSA, HRA and HSA issues during employee leave
  • Importance of reviewing plan documents when making decisions

The presentation will be posted on the UBA Wisdom Network COVID-19 page the day before the webinar.

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