CARES Act – Large Enough to Help Medium-sized Businesses
A lot of attention has surrounded the relief provided to individuals and small businesses under the Coronavirus Aid, Relief and Economic Security Act (CARES Act) signed by the president on March 27, 2020. But medium-sized businesses are also eligible for relief under the CARES Act. Title IV of the…
Navigating COVID-19: Medicare Advantage and Part D Prescription Drug Plans
As the COVID-19 pandemic has emerged over the past month, state insurance departments have issued directives in reaction to the crisis, requiring such actions as a temporary moratorium on cancellations and coverage for telehealth in a variety of circumstances. But one major market segment of health…
APRIL 3, 2020 UPDATE: Survey of State Insurance Department COVID-19 Regulatory Actions
State Departments of Insurance continue to respond to the COVID-19 crisis with some states now temporarily prohibiting the cancellation or nonrenewal of policies. Other trends include authorizing remote notarization of documents, suspending or modifying agent/producer licensing requirements, and a…
COVID-19 UPDATE: Guidance on Paycheck Protection Program (PPP) Loans
Beginning on April 3, 2020, small businesses and sole proprietorships can apply for loans through the Paycheck Protection Program (the “PPP”) established under the Coronavirus Aid, Relief and Economic Security (CARES) Act. The PPP authorizes up to $349 billion in forgivable loans to small…
Businesses Have COVID-19 Worries; These Resources Can Help
With numerous measures now in place at the federal, state and local levels, the following are some of the latest resources available to walk businesses through the relief programs enacted, including under the Coronavirus Aid, Relief and Economic Security Act ("CARES Act"). Financial Assistance…