Consolidated Omnibus Budget Reconciliation Act

Voya Financial Launches New COBRA and HRA Offerings to Expand Its Suite of Workplace Benefits

Retrieved on: 
Thursday, September 3, 2020
Other Professional Services, Professional services, Human resources, Finance, Employee benefits, Consolidated Omnibus Budget Reconciliation Act, Telecommuting, Human activities, Employee compensation in the United States, Healthcare in the United States, Articles, Human Nature

For employees, the HRA is funded entirely by the employer, and employees get reimbursed for eligible medical expenses.

Key Points: 
  • For employees, the HRA is funded entirely by the employer, and employees get reimbursed for eligible medical expenses.
  • Voyas new COBRA administration service will manage everything from enrollment, operating systems and processing payments to help ensure employers have a compliant COBRA program for qualifying beneficiaries.
  • During these uncertain times, workplace benefits have never been more important for Americans, said Rob Grubka, president of Employee Benefits, Voya Financial.
  • Since we first introduced our suite of Health Savings and Spending Account offerings, Voya has experienced incredible interest from the market.

Griset Medicare Solutions Launches Medicare Solutions for Retiring Employees (MSRE) Program to Help Employers Advise Retirees on Healthcare Coverage Options

Retrieved on: 
Thursday, August 20, 2020
Federal assistance in the United States, Healthcare reform in the United States, Liberalism in the United States, Medicare, Presidency of Lyndon B. Johnson, Health, Consolidated Omnibus Budget Reconciliation Act, Articles, Government

However, without accurate and timely information, retirees can be left vulnerable to gaps in their own healthcare coverage and their families.

Key Points: 
  • However, without accurate and timely information, retirees can be left vulnerable to gaps in their own healthcare coverage and their families.
  • Retirees at these crossroads are typically evaluating three different options group healthcare coverage, COBRA, and Medicare.
  • To address this quagmire between Medicare-eligible employees and the employer, Griset Medicare Solutions has launched the Medicare Solutions for Retiring Employees (MSRE) program.
  • Griset Medicare Solutions is an independent insurance brokerage providing Medicare beneficiaries with coverage alternatives that best match personal priorities and needs.

Pivot Health Experiences Spike in Search Traffic After Coronavirus Layoffs and Furloughs Surged in the U.S.

Retrieved on: 
Tuesday, July 7, 2020
Economy, Finance, Service industries, Healthcare reform in the United States, Types of insurance, Health insurance in the United States, Health insurance, Consolidated Omnibus Budget Reconciliation Act, Short-term health insurance, Insurance, Pivot

From June 15-June 22 Pivot Health saw an 18% jump in week-over-week inbound search traffic for COBRA-related searches.

Key Points: 
  • From June 15-June 22 Pivot Health saw an 18% jump in week-over-week inbound search traffic for COBRA-related searches.
  • Pivot Health saw search traffic soar in the month of March, stabilize in April, and has seen a new pattern of higher search traffic overall in May and June.
  • Pivot Health is a marketer of short-term health insurance which is temporary insurance meant to help the newly uninsured while they seek permanent major medical coverage from an employer.
  • Pivot Health was acquired in 2018 by HealthCare.com, the nation's largest privately-owned search-and-compare health insurance shopping platform.

Pandemic Predicted to Bring Potential Positives for Medicare

Retrieved on: 
Monday, June 29, 2020
Healthcare reform in the United States, Federal assistance in the United States, Presidency of Lyndon B. Johnson, Liberalism in the United States, Medicare, Consolidated Omnibus Budget Reconciliation Act, Government, Health, United States

He says the virus "isspotlightingpolicies and solutions that have been steadily creeping forward and may accelerate the adoption rate."

Key Points: 
  • He says the virus "isspotlightingpolicies and solutions that have been steadily creeping forward and may accelerate the adoption rate."
  • "This would be a massive relief valve for Americans, and useful post-COVID when someone willingly exits the workforce prior to 65," says Phillips.
  • "Expanding public and private Medicare options could mean the difference between $600 per month coverage with COBRA and ACA options versus premiums as low as $0 in Medicare Advantage."
  • "In March, our industry scrambled to find compliant solutions to enable a continuation of customer service and Medicare sales from home.

ConnectYourCare Announces the Release of New COBRA Administration for Dummies® Book

Retrieved on: 
Tuesday, June 16, 2020
Consolidated Omnibus Budget Reconciliation Act, Presidency of Ronald Reagan, Cobra, Cobra, Reconciliation, Federal government of the United States, Government

HUNT VALLEY, Md., June 16, 2020 /PRNewswire-PRWeb/ --ConnectYourCare, a national leader in consumer-directed health care account solutions and highly compliant COBRA administration, today announced the release of COBRA Administration for Dummies in partnership with John Wiley & Sons, Inc., publisher of the best-selling "For Dummies" book series.

Key Points: 
  • HUNT VALLEY, Md., June 16, 2020 /PRNewswire-PRWeb/ --ConnectYourCare, a national leader in consumer-directed health care account solutions and highly compliant COBRA administration, today announced the release of COBRA Administration for Dummies in partnership with John Wiley & Sons, Inc., publisher of the best-selling "For Dummies" book series.
  • This new book, written for employers, benefits specialists, and HR personnel administering COBRAas well as benefits brokers and consultants assisting their clientssimplifies the complex nuances surrounding COBRA, formally known as the Consolidated Omnibus Budget Reconciliation Act.
  • However, benefits personnel who handle COBRA are often left navigating the rules, regulations, and complex administrative work on their own.
  • As a consumer-directed health care pioneer and nationally recognized industry leader, ConnectYourCare delivers a comprehensive solution supporting health care savings accounts and expanded tax-advantaged offerings.

New, Online Tool Helps Furloughed and Laid-Off Americans Understand their Health Insurance Options

Retrieved on: 
Thursday, May 28, 2020
United States federal legislation, 111th United States Congress, Excises, Internal Revenue Code, Internal Revenue Service, Patient Protection and Affordable Care Act, Presidency of Barack Obama, Consolidated Omnibus Budget Reconciliation Act, Health in the United States, Statutory law, Health insurance

HealthEquitys educational tool helps users consider healthcare insurance options by asking several, multiple-choice questions about professional and personal life stages and needs.

Key Points: 
  • HealthEquitys educational tool helps users consider healthcare insurance options by asking several, multiple-choice questions about professional and personal life stages and needs.
  • Based upon the answers, the tool lets the user identify several options to consider, such as the Affordable Care Act exchanges, enrolling in COBRA, maximizing HSAs or other elections.
  • We are launching this easy-to-use tool to help educate Americans on potential avenues for health insurance coverage and other options that may be available to them.
  • Were happy to be a resource where Americans can get more information about their health coverage options after they lose employer coverage.

Emergency Funding Of COBRA Health Coverage Called For By Leading Union

Retrieved on: 
Wednesday, April 1, 2020
Video game characters, Fictional characters, Cerebral palsy, Psychiatric diagnosis, RTT, Sonya Blade, Consolidated Omnibus Budget Reconciliation Act

If Congress fails to take additional steps to support blue-collar construction workers, the short term and long term consequences will be dire for every industry.

Key Points: 
  • If Congress fails to take additional steps to support blue-collar construction workers, the short term and long term consequences will be dire for every industry.
  • With the news of indefinite closures, she's worried about how losing her paycheck and her health insurance will impact her family.
  • Sonya cares for her 95-year-old grandmother, a nephew with cerebral palsy, and helps out with her two nieces.
  • "I'm a hard worker but with nowhere to work, I'm going to lose insurance, and as it stands, COBRA would be more than my rent."

TriNet Bridges the Health Coverage Gap by Facilitating Access to Alternative Offerings for Small and Medium Size Businesses

Retrieved on: 
Friday, March 27, 2020
TriNet, TriNet, Consolidated Omnibus Budget Reconciliation Act, Health insurance, Gap, Burton Goldfield

TriNet is responding to the looming health insurance coverage gap by facilitating access to alternative health plan options in addition to COBRA.

Key Points: 
  • TriNet is responding to the looming health insurance coverage gap by facilitating access to alternative health plan options in addition to COBRA.
  • A sampling of healthcare alternatives to which TriNet is facilitating access include:
    Through short-term health insurance provider Pivot Health, unemployed or furloughed workers can accessfast and flexible temporary medical insurance solutions to meet the coverage gap.
  • TriNet is also providing resources to help workers navigate their options, including a forthcoming webinar series titled, "Bridging the Health Coverage Gap."
  • TriNet (NYSE: TNET) provides small and medium size businesses (SMBs) with full-service HR solutions tailored by industry.

ConnectYourCare Joins Employee Navigator Marketplace through Integrated Partnership

Retrieved on: 
Wednesday, June 26, 2019
Marketplace, Consolidated Omnibus Budget Reconciliation Act, Television series

With the integration, ConnectYourCare joins Employee Navigator's prestigious Marketplacethe largest health insurance broker exchange in the nation.

Key Points: 
  • With the integration, ConnectYourCare joins Employee Navigator's prestigious Marketplacethe largest health insurance broker exchange in the nation.
  • "ConnectYourCare is excited to bring our innovation to the forefront of the Employee Navigator Marketplace through our integrated relationship," said ConnectYourCare Chief Executive Officer, Steve Grieco.
  • "Having integration partners like ConnectYourCare in the Employee Navigator Marketplace is critical to our mission of delivering a centralized, single point of entry solution to our vast broker audience," said Sabra Martocci, Regional Sales Director for Employee Navigator.
  • ConnectYourCare recently presented its tax-advantaged, consumer-directed health care and COBRA offerings as an official sponsor and exhibitor at the 2019 Employee Navigator Conference, April 23 to 26, in Washington, D.C.
    For more information, visit ConnectYourCare's profile in the Employee Navigator Marketplace at: https://www.employeenavigator.com/Marketplace/Partner?partnerId=247 .

Robbins Arroyo LLP: Mammoth Energy Services, Inc. (TUSK) Misled Shareholders According to a Recently Filed Lawsuit

Retrieved on: 
Tuesday, June 11, 2019
Professional services, Legal, Cobra, Consolidated Omnibus Budget Reconciliation Act

Mammoth Energy Services operates as an oilfield service company.

Key Points: 
  • Mammoth Energy Services operates as an oilfield service company.
  • In May 2018, Mammoth announced that Cobra had entered into a second $900 million contract with PREPA.
  • In total, Cobra had two emergency master services agreements for up to approximately $1.8 billion of services.
  • Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law.