August 13, 2020

view email in browser »

 
 
individual Solutions Report
 
 This newsletter contains updates on the latest NFP and industry resources related to the Corporate Benefits industry. 
 
NEW RESOURCES
 
 NFP Publishes 2020 US Benefits Trend Report » 
 
 NFP is committed to providing clients with expertise and guidance that inform decisions and bring clarity to complex objectives. Our 2020 US Benefits Insights Trend Report is a comprehensive report of employee benefit trends that provides employers with data and analysis to facilitate better outcomes. Check out how understanding client challenges helps us create solutions that can enhance their success.
 
 White House Issues Four Executive Orders to Lower Prescription Drug Pricing » 
 
 Reminder: Considering an Employee Survey on Office Reopening? » 
 
COVID-19 UPDATES
 
 Projecting Claim Costs with the Impact of COVID-19 » 
 
 Updated: Returning to the Workplace Amid COVID-19: Potential Issues and Practical Guidance FAQ » 
 
 Steptoe’s COVID-19 State Regularly Tracker » 
 
 Benefits Compliance Return to Work FAQ » 
 
 Returning to Work: A Blueprint for Moving Forward + Vendor Guide » 
 
 NFP Creates Cost Impact Modeling Tool to Address Projected Benefit Costs Associated with COVID-19 » 
 
 Benefits Compliance State Quick Reference Chart » 
 
 IRS Confirms that Plan Sponsors Are Not Required to Extend FSA Claims Period » 
 
 New York Case Considers FFCRA Regulations » 
 
IN THE NEWS
 
 Designing a Pandemic-Proof Compensation Plan » 
 
 The COVID-19 pandemic has created unique challenges for banks, in particular around compensation plans. Featured in BankDirector, NFP’s Joe Schaefer addresses the uncertainty of today’s climate and considerations to explore.
 
 What’s Next? Coronavirus » 
 
 Paid Leave Benefits: Trends and Challenges » 
 
PODCASTS
 
 In this episode, Chase Cannon and Suzanne Spradley discuss several compliance challenges relating to remote workers in the pandemic environment. Chase starts by outlining employee eligibility – usually based on work location – in connection with state paid family and medical leave laws. Chase and Suzanne dig into some recent guidance from Massachusetts regarding employee withholding for state paid family and medical leave for employees temporarily working both inside and outside Massachusetts. The two also discuss how other states’ rules might impact employees working remotely, and how the extension of work from home arrangements might play out with respect to state leave protections. Chase closes by addressing distribution of notices for remote workers, both at the federal and state level. 
 
 
GOOD NEWS
 
 Paying It Forward: Greta Thunberg Wins Over $1 Million In Prize Money, Donates It All To Those Affected By COVID-19 » 
 
 Interested in updates on NFP’s other lines of business? 
 
 
 
 
 
8/13/20 20-CB-CB-GEN-0225
 
This information has been provided as an informational resource for NFP clients and business partners. It is intended to provide general guidance, and is not intended to address specific risk scenarios. Regarding insurance coverage questions, each specific policy must be reviewed in its entirety to determine the extent, if any, of coverage available for the impact of the Coronavirus. If you have questions, please reach out to your NFP contact.