Healthcare Archives - Wiss & Company, LLP

COBRA Model Notices Issued by Department of Labor

Written on April 9, 2021. Posted in General Business, Healthcare, Human Resources.

By Lisa Calick, Director, HR Advisory The Department of Labor has now released model notices as well as additional guidance regarding the COBRA premium subsidies provided under the American Rescue Plan Act. You can review our recent blog for background on the original Act. The model notices and election forms can be found on the Department of Labor website, and are summarized below. These notices can be used to help employers satisfy the new notice requirements under...

New York State Paid Leave for COVID Vaccine

Written on March 16, 2021. Posted in General Business, Healthcare, Human Resources.

By Lisa Calick, Director, HR Advisory New York State employers will now be required to provide paid leave to employees who receive the COVID vaccine. The recently passed legislation, already signed into law by Governor Cuomo, takes effect immediately and ends December 31, 2022. The new law requires all employers in New York State to provide their workers with a “sufficient period of time, not to exceed four hours”, for each injection. Employees must be paid their regular...

American Rescue Plan: Free COBRA Coverage

Written on March 12, 2021. Posted in Financial Planning, Healthcare, Human Resources.

By Lisa Calick, Director, HR Advisory The American Rescue Plan Act (ARPA), now signed by President Biden, includes important changes which employers need to be aware of regarding COBRA coverage for certain eligible employees and their dependents. It provides up to 6 months of free COBRA coverage for Assistance Eligible Individuals, a special COBRA enrollment window, and new notice obligations. Premium Subsidy for Assistance Eligible Individuals One of the major provisions...

How Companies Can Plan To Reopen the Office

Written on June 12, 2020. Posted in General Business, Healthcare.

By Lisa Calick States have begun to ease restrictions put on businesses due to the COVID-19 pandemic, including laying out timelines for when many businesses may open. Companies now face significant challenges regarding how to reopen their offices safely. A carefully planned approach to returning to work will be necessary to make sure workers are safe and confident and that the business can thrive. Planning the Approach The approach to opening is fairly straightforward — plan, open...

Families First Coronavirus Response Act

Written on March 19, 2020. Posted in Healthcare, Human Resources.

By Lisa Calick President Trump has now signed into law the Families First Coronavirus Response Act, providing emergency economic relief and support to American workers who may be impacted by the COVID-19 pandemic. The Act applies to businesses with less than 500 employees and will take effect on April 2, 2020. There are two main aspects of the Act as outlined below: Emergency Paid Sick Leave This portion of the Act allows eligible employees to take two weeks of paid sick leave in...

How U.S. Healthcare Organizations can Secure Their Operations to Better Support Patient Care

Written on March 18, 2020. Posted in Healthcare.

by Michael Castle Uncertainty still abounds on whether and how the virus could mutate as well as how many waves of the outbreak might take place. And with the Centers for Disease Control and Prevention (CDC) warning that it’s no longer a matter of if but when the coronavirus spreads further within the United States, patient care is priority #1. Still, for U.S. healthcare organizations, business continuity management is critical, and they must have a proper risk plan in place sooner...

Employer Concerns in the Wake of the Coronavirus

Written on March 9, 2020. Posted in Healthcare, Human Resources.

by Lisa Calick The Coronavirus is on everyone’s mind, and while news channels continue to report on the speed in which the virus is spreading, fear and panic has started to set in. Employers should take proactive steps to not only communicate to their employees, but to also develop contingency plans should an outbreak disrupt their normal business operations. Your employees want to know that you care about their safety and have a plan in place, so if your business has not yet started...

Business Insurance Coverage your Physician Practice Should Have

Written on July 9, 2015. Posted in Healthcare.

By Russ Faye Your greatest exposure and risk as a Physician is in the area of Professional Services. Most doctors are aware of coverages in this area, but there is liability when it comes to the business side of a medical practice and this is where other types of coverage become important. Through consultation with a reputable insurance agent, we encourage our clients to consider the following types of coverage: ERISA/Fidelity Bond This coverage is specific to your practice’s retirement...

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