Consolidated Appropriations Act Requires Plan Sponsors to Perform a MHPAEA Comprehensive Analysis

2021-05-12T19:13:52+00:00

The Consolidated Appropriations Act of 2021 (CAA) that was passed on December 27, 2020 is known primarily for its third round of direct payment stimulus checks. However, there were additional health benefit related provisions including: (1) expanded relief for health and dependent care flexible spending arrangements; (2) new reporting requirements for commission and similar compensation; [...]

Consolidated Appropriations Act Requires Plan Sponsors to Perform a MHPAEA Comprehensive Analysis2021-05-12T19:13:52+00:00

CT PFML Updates and Required Employer Actions

2021-02-05T17:00:51+00:00

On June 25, 2019, Governor Ned Lamont signed into law Connecticut’s Paid Family and Medical Leave law (CTPFML). Below are some highlights from the new law updated with the most recent developments. Employers were required to begin collecting contributions from employees in January 2021. The new CTPFML program will expand the existing Connecticut Family and Medical Leave [...]

CT PFML Updates and Required Employer Actions2021-02-05T17:00:51+00:00

FMLA Expansion Under Coronavirus Response Act

2020-07-02T13:42:06+00:00

When President Trump signed the Families First Coronavirus Response Act into law in mid-March, employers with fewer than 500 employees became responsible for providing paid leave to certain employees through Dec. 31, 2020. The benefit extends to employees unable to work or telework due to the need for leave to care for a son or [...]

FMLA Expansion Under Coronavirus Response Act2020-07-02T13:42:06+00:00

DG Compliance Update: Handling Benefits During a Furlough or Temporary Layoff

2020-04-09T17:06:17+00:00

In light of the nation's response to COVID-19 and the resultant economic downturn, employers of all sizes face a dilemma of evaluating employee head counts. Many employers are considering furloughs or temporary layoffs to reduce immediate payroll, hoping the downturn lasts for a period of a few weeks instead of months. Below is a list [...]

DG Compliance Update: Handling Benefits During a Furlough or Temporary Layoff2020-04-09T17:06:17+00:00

Congress Passes “The Families First Coronavirus Response Act” – What Plan Sponsors Need to Know

2020-04-09T17:06:36+00:00

On March 19th, President Trump signed into law The Families First Coronavirus Response Act. This is a significant piece of legislation designed to address the economic impact of the COVID-19 pandemic. The bill provides new employee leave benefits, including paid sick time options and mandated insurance coverage for the COVID-testing. Mandated Coverage for COVID-19 Testing: Group [...]

Congress Passes “The Families First Coronavirus Response Act” – What Plan Sponsors Need to Know2020-04-09T17:06:36+00:00

How reference-based pricing can recession-proof your benefits

2020-03-19T15:02:07+00:00

This article was published on March 18, 2020 on BenefitNews.com, written by Amanda Schiavo. Photo Source: BenefitsNews.com. The coronavirus is causing concern around the world, impacting the health and safety of millions and upending the global economy. As stock prices plunge and a possible recession looms, employers and self-insured organizations may react by cutting excess [...]

How reference-based pricing can recession-proof your benefits2020-03-19T15:02:07+00:00

Connecticut Paid Family and Medical Leave Law

2019-07-01T11:03:28+00:00

On June 25, 2019, Governor Ned Lamont signed into law Connecticut’s Paid Family and Medical Leave law. Below are some highlights from the new law: Connecticut Paid Family and Medical Leave Law Key Dates June 25, 2019 – CT Governor signs legislation into law; January 1, 2021 - Employee payroll tax begins; January 1, 2022 [...]

Connecticut Paid Family and Medical Leave Law2019-07-01T11:03:28+00:00

Is It Time to Self-Fund Your Benefit Plans?

2018-01-30T09:00:39+00:00

After reading the article included below, we couldn’t help but agree that the question every employer should be asking this year is…Should I self-fund my employee benefit plan? As the article discusses, this is a great time of year for companies to review their status, evaluate changes that have been made and consider new items [...]

Is It Time to Self-Fund Your Benefit Plans?2018-01-30T09:00:39+00:00

5 ways to keep benefit costs down in 2018

2017-12-27T16:25:38+00:00

The article below was published on December 20, 2017 by BenefitsPRO, written by David Hines. Photo Source: BenefitsPRO As we head into 2018, large employers are bracing for a 5 percent rise in the cost of providing employee health care benefits, according to the latest National Business Group on Health survey.  In a [...]

5 ways to keep benefit costs down in 20182017-12-27T16:25:38+00:00

The Diversified Group was built on the premise that self-funded plans are the most cost-effective and transparent health insurance option for most companies across the country. After administering self-insured health plans for 50 years, our experience as a Third Party Administrator allows us to provide comprehensive, cost-effective approaches to healthcare.

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