Coronavirus: Tax and Employee Benefit Considerations — Part 2

Employer-sponsored group health plans have drawn attention regarding coverage for certain coronavirus-related costs. Under the FFCRA, all group health plans are now required to provide coverage for COVID-19 testing without imposing deductibles, copayments, or other cost sharing — and without requiring prior authorization or imposing other medical management standards. This coverage must include both the… Continue reading Coronavirus: Tax and Employee Benefit Considerations — Part 2

Coronavirus: Tax and Employee Benefit Considerations — Part 1

The Families First Coronavirus Response Act (FFCRA), which was enacted on March 18, 2020, established two new categories of paid leave to assist workers needing time off for certain coronavirus-related purposes: (1) up to two weeks of paid sick leave, and (2) up to ten weeks of paid FMLA leave. These paid leave mandates apply… Continue reading Coronavirus: Tax and Employee Benefit Considerations — Part 1