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It’s 2020 and Nothing About Healthcare Is Settled

… America is raging. This election is a new page and hopefully, we will see much more bipartisan cooperation and that the change results in progress. Check out more of our EPIC Resources: Visit the EPIC coronavirus update center for COVID-19 information Sign up for EPIC Newsletters in one convenient location See results from our In It Together pulse surveys on our COVID-19 strategic collaboration and idea-sharing forum EPIC offers these opinions for general information only. EPIC does not intend this material to be, nor may any person receiving this information construe or rely on this material as …

https://www.epicbrokers.com/insights/its-2020-and-nothing-about-healthcare-is-settled/

Individual Coverage HRAs May Be the Solution You Seek

… clients in the thoughtful evaluation and communication of the ICHRA model. Their experience in this space provides terrific support for employers and members, and their tools are easy to use and understand. To learn more about the ICHRA model, reach out to your EPIC account executive, or contact us. Check out more of our EPIC Resources: Visit the EPIC coronavirus update center for COVID-19 information Sign up for EPIC Newsletters in one convenient location See results from our In It Together pulse surveys on our COVID-19 strategic collaboration and idea-sharing forum EPIC offers these opinions for general

https://www.epicbrokers.com/insights/individual-coverage-hras-may-be-the-solution-you-seek/

Covering Coronavirus: Risk Considerations Volume 1, Issue 26

… changes mentioned may negatively impact the live event experience, one area that may be positively affected is lines. The pandemic has propelled queue technology advanced and honed at theme parks like Disney World into a broader application. No one has ever enjoyed waiting in line, but now that lines are viewed as a health and safety risk, finding ways to eliminate them has become crucial for many businesses, even outside of the live venue arena. Target now allows shoppers to make digital reservations to shop at local stores and one Giant Eagle location created a checkout-free experience; when …

https://www.epicbrokers.com/insights/covering-coronavirus-risk-considerations-volume-1-issue-26/

Healthcare Surety

… region Negotiated bond forms with CMS for ACOs to allow for annual billing on multi-term obligations Wrote the approved language changes for AZ Medicaid’s performance bond form that restricted stacking liability and allowed for annual billing Negotiated the use of a surety bond with the State of Colorado for professional liability self-insurance EPIC Healthcare Surety Team EPIC is the only national broker to maintain personnel dedicated to the healthcare industry. Tim Bowen places the surety business for all healthcare program accounts, regardless of location. As a result, he has an extensive knowledge base as well as …

https://www.epicbrokers.com/products/surety-bonds/healthcare-surety/

Transparency Rule Released Just Prior to 2020 Election

… to pressure to suppress excess costs. Winding through these new rules will point clients to their brokers and consultants. We are going to be busy. Check out more of our EPIC Resources: Visit the EPIC coronavirus update center for COVID-19 information Sign up for EPIC Newsletters in one convenient location See results from our In It Together pulse surveys on our COVID-19 strategic collaboration and idea-sharing forum EPIC offers these opinions for general information only. EPIC does not intend this material to be, nor may any person receiving this information construe or rely on this material as …

https://www.epicbrokers.com/insights/transparency-rule-released-just-prior-to-2020-election/

IRS Releases Final 2020 ACA Reporting Forms and Instructions

… Form 1095-B instead of 1095-C must enter a new Code “G” on Form 1095-B, Line 8 to identify the coverage as an ICHRA. ZIP Code. Employers sponsoring ICHRAs must also disclose an employee’s Zip Code on Form 1095-C if the employer uses the employee’s location to determine affordability. Employers who determine ICHRA under the “work location” safe harbor must report the Zip Code for the employee’s primary site of employment. Updated Penalty Amounts. The Instructions include updated penalty amounts for failures to file returns and furnish statements. The adjusted penalty amount is $280 …

https://www.epicbrokers.com/insights/irs-releases-final-2020-aca-reporting-forms-and-instructions/

Considering Aligned Success for Families and Business

… participate in our Mental Health pulse survey! The survey closes Friday, October 30 and our benchmarking report will be available the week of November 9. Check out more of our EPIC Resources: Visit the EPIC coronavirus update center for COVID-19 information Sign up for EPIC Newsletters in one convenient location See results from our In It Together pulse surveys on our COVID-19 strategic collaboration and idea-sharing forum EPIC offers these opinions for general information only. EPIC does not intend this material to be, nor may any person receiving this information construe or rely on this material as …

https://www.epicbrokers.com/insights/considering-aligned-success-for-families-and-business/

Newest 2020 Trend: Premium Holiday

… unique expenses, economic environment, and governing philosophy. But no doubt, employees will appreciate a premium holiday this December, and improving employee morale in a year like this is a fantastic way of putting some of the savings to use. Check out more of our EPIC Resources: Visit the EPIC coronavirus update center for more COVID-19 information Sign up for EPIC Newsletters in one convenient location See results from our In It Together pulse surveys on our COVID-19 strategic collaboration and idea-sharing forum EPIC offers these opinions for general information only. EPIC does not intend this material …

https://www.epicbrokers.com/insights/newest-2020-trend-premium-holiday/