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INSIGHTS

Looking Ahead: Expert Insights on the 2019 Property & Casualty Market

Property and casualty coverage looks different today than this time last year. In the second annual issue of our P&C Looking Ahead Guide, we'll provide the timely information you need to stay atop industry updates and trends as we move into 2019.

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IRS Releases 2021 HSA Contribution Limits and HDHP Deductible and Out-of-Pocket Limits

The IRS has released the inflation adjusted amounts for 2020 relevant to HSAs and high deductible health plans (HDHPs).

Coronavirus Resources: Protecting Your Business and Your People

Woodruff Sawyer has established this Coronavirus resource page to provide guidance and answer your pressing questions, such as how to prepare or respond to the associated business risks, and whether insurance coverage may respond.

Compliance Alert: Carrier Premium Credits and ERISA Fiduciary Obligations

Utilization of group medical and dental insurance benefits is down so some carriers notified employers that they will be issued premium credits. This Compliance Alert offers background on these issues as well has how employers should treat these premium credits.

Eased Coronavirus Restrictions: HR Strategies and Legal Advice for Reopening Your Workplace

To answer many of the HR and legal questions related to re-opening your business, we asked four of our experts at Woodruff Sawyer for their advice in our recent webinar, on topics including compliance and issues of legality.

Compliance Alert: IRS Relaxes Election Change, Other Rules for Cafeteria Plans and FSAs

The IRS has provided guidance and relief for employees, which, among other things, extend the claims period for health flexible spending arrangements (health FSAs) and dependent care assistance programs (DCAPs) and allow employees to make mid-year changes.

Compliance Alert: Agencies Extend Deadline to Pay COBRA Premiums, Extend Certain Other ERISA and Internal Revenue Code Deadlines Due to COVID-19

On April 28, 2020, the Department of Labor (DOL), the Internal Revenue Service (IRS), and Department of Health and Human Services (HHS) issued much needed guidance and relief for employers. Learn more about the new requirements for employers, deadline changes, and specifics about the reliefs.

Commercial Coverage Market Update for Q1 2020: Rising Rates and Trends

In this Commercial Lines Market Update for Q1 2020, we examine the trends and factors at play in all segments of the commercial insurance market.

Coronavirus Benefits Webinar FAQs: Work-From-Home Expenses, Plan Coverage, Exempt Pay, and Other Answers

We discuss key topics that are top of mind for employers regarding COVID-19, in response to questions received at our last webinar.

Compliance Alert: Congress Passes the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)

In this alert, you will find an overview of the CARES Act, how HSAs and telehealth are being expanded, information on COVID-19 testing, what employers should expect next, and more.

Compliance Alert: Information for Employers and Group Health Plan Sponsors on COVID-19

This update provides employer guidance from the Centers for Disease Control and Prevention (CDC), including information on health plans, benefits coverage, ADA in the workplace, and family leave.

Compliance Alert: Congress Passes Families First Coronavirus Response Act

The Families First Coronavirus Response Act (FFCRA) was signed into law on March 18th. Read more to learn more about the outcomes of this act, including mandated free testing, emergency FMLA, Emergency paid sick leave, tax credits, and what employers should expect next.

Compliance Alert: 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 to continue policies that do not meet ACA standards. In this alert you'll learn about the background of this extension, the transition relief policy for "grandmothered" plans, and the on-year extension.