Quick Facts: On May 12, 2020, the Internal Revenue Service (“IRS”) released Notices 2020-29 and 2020-33, collectively providing guidance related to cafeteria plan elections, health flexible spending accounts (“Health FSAs”), and dependent care assistance programs (“DCAPs”).
With the new no-fault auto reform, drivers will need to understand the difference between how their health insurance vs. auto insurance covers medical expenses in case of an injury during an accident. In this article we’ll explain those differences and also take an in-depth
Quick Facts: The Department of Labor (DOL) and the Department of Treasury (IRS) jointly issued a final rule extending several specific notice time frames applicable under HIPAA, COBRA, and ERISA. The rule also extends the time frames for COBRA elections,
Download the Return to Work Roadmap:COVID-19 pdf Employers face unprecedented new challenges and considerations in returning to work while COVID-19 remains a health threat. Below is a compilation of guidance from multiple resources directing employers how to safely open the work place back up while keeping
The Coronavirus Aid, Relief and Economic Security Act (CARES Act) provides assistance for individuals and businesses negatively impacted by the COVID-19 pandemic. Part of the CARES Act covers changes to FSA and HSA usage:
There is a common misconception that there is no downside for reporting a circumstance which might become a future claim for D&O, E&O, Employment Practices, Fiduciary and Cyber liability policies. However, coverage issues could arise from doing so.
No-Fault Reform and Your Employees With the upcoming changes to Michigan’s no-fault auto insurance, drivers will have the option to select lower coverage limits, which will result in a greater reliance on their employer-sponsored health coverage.
We understand the no-fault reform can be confusing, and its unclear what coverage you need, or how much it’ll cost. In this article we’ll help explain why we recommend electing higher limits and purchasing
Due to shelter-in-place orders related to COVID-19, auto insurers expect a decrease in drivers on the road, fewer miles driven, fewer accidents, and fewer claims. As a result, many are offering premium relief to their personal auto insurance customers.
COVID-19 is impacting individuals and organizations of all sizes. The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small and mid-size businesses keep their worker employed despite the pandemic. Also known as the
At Kapnick Insurance Group, our mission is simple: Earning client loyalty through exceptional service and solutions.
© 2020 Kapnick Insurance Group. All rights reserved. | Privacy Policy and Disclosures
Powered by Forge3 ActiveAgency.