Week Ending March 12 Update: Free stuff, American Rescue Plan Act....

March 12, 2021

Keeping you abreast of the latest information and topics from SOCA, our Benefits Partners, Local , State and National Affiliates.

Free Trial of Virtual HR Support Center

strategic HR inc. is excited to offer a free 30 day trial on our Virtual HR Solutions to chamber members for a limited time for enrolled chambers. These easy-to-use solutions provide access to our 24/7 self-service online HR tools and resources, plus unlimited access to HR professionals via phone, email, or chat.

Learn more about our Chamber Member Discounts and how our Virtual HR Solutions can help you manage your HR compliance and support your employee relations and training needs.

Contact us today at ChamberSales@strategicHRinc.com or call 513-697-9855 to claim your free trial today!

LEARN MORE

Transparency, surprise billing regulations call for increased disclosure

We believe part of making healthcare simpler means empowering members' decisions with information that balances the cost and quality of services. Anthem will expand the amount of information provided to members and clients in response to the Consolidated Appropriations Act (CAA) and transparency rule from the Tri-Agencies (U.S. Departments of Health and Human Services, Labor, and Treasury).
"No Surprises Act"
The CAA includes the "No Surprises Act" with regulations intended to help protect consumers from surprise billing. The law includes requirements for all types of employer plans, including self-funded employers and health insurance issuers in the Individual and Group markets.

For fully insured employers subject to state law, states will be working to harmonize existing state requirements with the new federal legislation.
For self-funded employers subject to federal ERISA regulations, the federal framework will apply.

Numerous provisions are included in the CAA, the majority of which become effective January 1, 2022. The provisions include:

HERE TO READ MORE

Small Business Update
The House has passed the American Rescue Plan Act, a $1.9 trillion coronavirus relief bill that includes new help for small businesses struggling during the pandemic. This package includes long-awaited aid dedicated specifically to the restaurant industry, new provisions for small businesses across other industries, and more money for the Paycheck Protection Program. Learn how this new bill could impact your business at our next Small Business

Update on Friday, March 12 at 12:00 pm ET.

The U.S. Chamber's Neil Bradley and CO—'s Jeanette Mulvey will be joined by National Restaurant Association's Sean Kennedy to break down the new relief and what it means for small businesses and restaurants. We'll then take audience questions to help you navigate this new round of small business assistance.

Speakers:
Neil Bradley, Executive Vice President and Chief Policy Officer,
U.S. Chamber of Commerce
Sean Kennedy, Executive Vice President,
Public Affairs, National Restaurant Association
Jeanette Mulvey, Content Director, CO—

HERE to register

A Reminder from the Ohio BWC

As the opening of our true-up period for private employers approaches July 1, we encourage you to review your payroll estimates for the current policy year to avoid surprises in the amount you might owe on your premium.

We recognize the COVID-19 pandemic may have impacted business activity beyond your expectations since estimating your payroll last year. If your business activity and payroll exceeded your original estimate, for example, you will likely have a balance due at true-up time. We want you to be prepared.
Please visit www.bwc.ohio.gov/login to compare your estimated annual payroll for policy year 2020 to your current projected actual payroll.

Select the Premium Installment Schedule option, then click Show detail to see a breakdown of your estimated annual premium calculation.

HERE FOR MORE...

What you missed...
Matt's Monday Message
ACCE Membership Trends
Chamber Energy Update
SOCA BP Update
JobsOhio Update

Thank You SOCA Benefit Partners

Visit our website

‌

Contact:

Matt Appenzeller, Executive Director

matt@joinsoca.com, 937-395-4533