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Q2 Legislative Updates
Q1 Legislative Updates 

We’re here to help you stay on top of the impact of COVID-19 and its impact to health reform. Our Legislative Updates will keep you up to date on the latest news. Here are some topics we are following.

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HR teams today are dealing with changing employee needs and complicated workforce decisions. Passage of the federal Families First Coronavirus Response Act (FFCRA) at the beginning of March provides important healthcare protections for employees throughout the country who are facing job loss or uncertainty. However, these same protections are causing a great deal of uncertainty among employers trying to determine how to best measure eligibility for health coverage under the Affordable Care Act (ACA).

We are committed to getting you the up-to-date ACA information you need you succeed through these challenging times.

Here's a few answers to your COVID-19 eligibility questions.

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As the coronavirus outbreak puts pressure on the economy, the ACA will provide additional coverage options for those losing their jobs or experiencing large declines in income.

There is so much yet unknown, but as more information is gathered, Health e(fx) is committed to using this blog as a resource for the latest information surrounding COVID-19 and its impact on your workforce.

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Last summer, California joined the growing list of states enacting their own individual mandates. The mandate that was signed into law took effect January 1, 2020. On March 23, 2020, the California Franchise Tax Board released additional specifics on requirements for employers who employ California residents.

In many ways the law is similar to the mandates passed in other states, including New Jersey. But there is one clause all employers with employees who reside in California certainly will want to be mindful of.

npr.org

Several states and the District of Columbia are reopening their health insurance exchanges amid the coronavirus outbreak in an effort to boost coverage and expand coverage for the uninsured.

Since all of these states operate their own health insurance exchange, this gives local leaders the authority to reopen ACA enrollment in the face of an emergency like the this. 

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Despite today's pandemic, there is no indication that the IRS will stop or slow down its enforcement of federal ACA employer requirements. With coronavirus leaving millions of employees to work from home, and communication barriers across departments growing, an employer's risk for paying penalties could actually increase. However, there’s a little-known tactic that employers can use that could save millions of dollars in proposed penalties. Read our article on tips for greatly reducing risk for IRS fines, published by our AVP, Compliance, Kyle Scott in a recent edition of BenefitsPro.

kff.org

As the COVID-19 pandemic continues to spread and people are forced to stay home, workers are losing their jobs, health care systems are being stressed and local businesses are at risk of closing permanently. In mid-March, a record 3.3 million Americans filed new claims for unemployment benefits. Job loss can trigger loss of health insurance.

There are options for keeping or getting new coverage, but transitions can result in coverage gaps or changes in covered benefits and affordability.  Actions by policymakers could make transitions easier.

Here's what you need to know.

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