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Trustmark: Help For Customers Affected by COVID-19

Posted by on 3:18 pm in Announcements: Employer Group, Announcements: Family Health, COVID-19, General Parrott Insurance News | Comments Off on Trustmark: Help For Customers Affected by COVID-19

    As a result of the COVID-19 pandemic, Trustmark is offering the following accommodations to help employers who are adversely affected: Billing Grace Period on Fees, Premium and Funding: An additional 30-days grace period will be granted on administration fees, stop loss premium, and benefit plan claim funding. Please note, during such extension, Trustmark will stop administering all claim payments until employers remit the full invoiced amounts that are due. Open Enrollment Plan Provision: Clients’ plan documents state the open...

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Guardian Webinars for COVID-19 Guidance

Posted by on 10:56 am in Announcements: Employer Group, Announcements: Family Health, COVID-19, General Parrott Insurance News | Comments Off on Guardian Webinars for COVID-19 Guidance

    Guardian is offering a series of webinars that address how the novel coronavirus is affecting U.S. employers and their workforce. Links to these webinars, along with other important updates, are also available at guardianlife.com/coronavirus.   10 Things Employers Need to Know NOW About Leave Law and Coronavirus 4 – 5 pm ET Wednesday, March 25, 2020 Learn the 10 things employers should know now to manage coronavirus-related absences. Know the latest details on the new emergency federal bill, and state agency updates...

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Cigna COVID-19 Alert

Posted by on 9:22 am in Announcements: Employer Group, Announcements: Family Health, COVID-19, General Parrott Insurance News | Comments Off on Cigna COVID-19 Alert

    The unpredictability of the current situation is complex and Cigna understands how stressful that can be. As some employers are faced with limiting hours, furloughing employees and the like, Cigna wants to remain flexible and accommodating by offering the following services and resources during the COVID-19 crisis: Cigna will cover diagnosis, testing, and treatment associated with COVID-19 Out-of-pocket costs for COVID-19 diagnostic visits (whether at a provider’s office, urgent care center, emergency room, or via virtual care)...

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COVID-19: Disability Coverage, FMLA, & Employee Assistance Programs

Posted by on 2:12 pm in Announcements: Employer Group, Announcements: Family Health, COVID-19, General Parrott Insurance News | Comments Off on COVID-19: Disability Coverage, FMLA, & Employee Assistance Programs

    Insurance carriers are closely monitoring the impact of COVID-19. Unum, USAble Life, Mutual of Omaha, The Hartford, Guardian, Sun Life, and Principal have all released updates on their coverages to protect you and your employees. The majority of these agencies are focusing on Disability coverages, the Family Medical Leave Act, and Employee Assistance Programs. Please find your provider below for more information on how you’re being covered as the Coronavirus spreads.     Unum As you navigate COVID-19 response...

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HSA Members Recieve Free COVID-19 Testing & Treatment

Posted by on 11:00 am in Announcements: Employer Group, Announcements: Family Health, COVID-19, General Parrott Insurance News | Comments Off on HSA Members Recieve Free COVID-19 Testing & Treatment

    The IRS has issued Notice 2020-15, which allows High Deductible Health Plans (HDHP) to cover COVID-19 testing and treatment pre-deductible. In other words, even if you haven’t met your deductible, your HDHP will pay for COVID-19 testing and treatment at no cost to you. New legislation has also been proposed. Representatives Diana DeGette (D-CO) and Donna Shalala (D-FL) have introduced H.R. 6173 to Congress. If passed, health insurers would be required to cover the full cost of COVID-19 tests for any American who has health...

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