Get answers to your most urgent questions about COVID-19 and its impacts to employee benefits, human resources, risk management and other issues. Our page provides articles and webinars on critical topics as well as other resources.
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At USI, we’re dedicated to helping you stay abreast of fast-changing legislative and regulatory developments and guidance related to health and welfare plans that could impact your business. USI's national Employee Benefits Compliance team shares the Compliance Updates that have occurred over the past quarter.
It’s that time of year again when employers subject to OSHA’s recordkeeping rule are required to post a signed copy of their Form 300A in a location accessible to employees by February 1. Despite this annual obligation, many employers continue to make common recordkeeping mistakes, some of which potentially affect OSHA compliance. With the deadline looming, we’re reviewing Form 300A and related aspects of the recordkeeping rule to help you avoid some of the most common mistakes.
One of the compliance obligations that comes with offering employee benefits is the requirement to offer certain participants in certain plans the opportunity to continue coverage for some period of time in certain circumstances when coverage would otherwise have been lost. But which employers have to offer continuation? On which plans? When? To whom? For how long? The answers to these questions depend on several factors.
On December 27, 2020, Congress signed the Consolidated Appropriations Act, 2021 into law. Components of the Act will affect health and welfare programs, including relief for health flexible spending accounts (FSAs) and dependent care assistance plans (DCAPs), surprise billing, increased transparency, comparative analysis requirements, and a voluntary extension of FFCRA leave. Download the latest Compliance Update for more information.
In addition to COVID-19’s deadly impact on our population, it has also hit many businesses hard. Not only have there been customer declines and governmental shut-down orders, but employers have had to manage through a myriad of COVID-related employee absences. Fortunately, hope may be on the horizon, as the U.S. Federal Drug Administration (FDA) is approving vaccines for wide distribution. However, with hope comes challenge, as businesses now need to decide whether and how they will make employee vaccinations part of their COVID response planning.
USI’s Executive and Professional Risk Solutions (EPS) Practice is dedicated to helping clients stay abreast of important regulatory developments and court decisions that may impact management liability exposures. The USI EPS team has released two recent client advisories addressing the directors and officers (D&O) policy implications from COVID-19 vaccine mandates and board diversity.
As we approach the end of 2020, we take this opportunity to present USI’s Q4 2020 Property & Casualty Market Outlook and discuss some of its findings.