legal alert

IRS Relaxes Election Change, Other Rules for Cafeteria Plans and FSAs

May 13, 2020
As the country continues to feel the impact of the COVID-19 National Emergency declared by President Trump on March 13, 2020, the IRS has provided some much-needed guidance and relief for employees.  On May 12, 2020, the IRS issued Notices 2020-29 and 2020-33, which, among other things,... Find out more »
legal alert

Employer Insurance Premium Payment Grace Periods & Premiums Returned to Employers Inadvertent ERISA Issues

May 11, 2020
During this pandemic, many employers are having to curtail operations and are going through the difficult process of finding cost-saving measures because of the sudden reduction in revenue caused by the various COVID-19 related state and local government orders. Many carriers are allowing, and... Find out more »
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Alera Group Report Breaks Down COVID-19’s Impact on 10 Hard Hit Industries

May 4, 2020
Report Provides Unique Perspective from Both Property & Casualty and Employee Benefits Experts Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, today released an extensive report detailing the effects of COVID-19 on 10 sectors... Find out more »
legal alert

Agencies Extend Deadline to Pay COBRA Premiums and Certain Other ERISA and Internal Revenue Codes Due to COVID-19

April 30, 2020
The impacts of the COVID-19 National Emergency, as declared by President Trump on March 13, 2020, have been vast.  As a result, many employers and employees are struggling to meet their various filing, notice, election, or other deadlines.  In order to ease this burden on employers, plans... Find out more »
legal alert

COVID-19 and Cafeteria Plan Considerations

April 27, 2020
This legal alert was updated May 13, 2020. A cafeteria plan, or Section 125 plan, sometimes referred to as a POP plan, allows employees to pay for certain expenses on a pretax basis. Employees choose between a taxable benefit (cash, typically distributed via payroll) and two or more pre-tax... Find out more »
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Alera Group Acquires Barkley Risk Management & Insurance

April 21, 2020
Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, announced today that it has acquired Barkley Risk Management & Insurance (Barkley), effective April 1, 2020. Founded in 2000, the Barkley team serves clients throughout... Find out more »
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Alera Group Acquires Cambridge Benefit Solutions

April 20, 2020
Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, announced today that it has acquired Cambridge Benefit Solutions, effective April 1, 2020. Cambridge Benefit Solutions, located in Chandler, Arizona, was founded in 1998 by current... Find out more »
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NYS Notice: Small Group Blanket Comprehensive Health Insurance Policies

Notice for Individual, Small Group and Student Blanket Comprehensive Health Insurance Policies Dear Policyholder, A recent Executive Order issued by Governor Cuomo, together with recent amendments to the insurance and banking regulations (the “regulations”) issued by the New York State... Find out more »
legal alert

Legal Alert: Notice Requirements When Making Health Plan Design Changes

April 16, 2020
This alert was updated on 04/16/20.  As employers work to stay financially solvent during the COVID-19 pandemic, many are looking to change their health plan designs in order to ensure employees have access to the care they need while balancing the financial impact on the business. For... Find out more »
covid-19 employer pulse survey

Alera Group COVID-19 Employer Pulse Survey Results Revealed

 COVID-19 Leads to Greater Employer Focus on Response Planning, Employee Education and Flexible Work Arrangements, Alera Group Study Finds COVID-19 is leading many employers to implement or re-evaluate their infectious disease response plans, ramp-up their employee communication efforts, and... Find out more »