Monthly Archives: April 2020

Federal Government Owes Health Insurers $12 Billion

Apr 29

Here is an interesting blog post about a recent SCOTUS decision:

“The federal government owes health insurers $12 billion in payments from the ACA’s risk corridors program, the U.S. Supreme Court ruled April 27, according to Politico.

The temporary risk corridors program was designed to level the financial playing field for payers during the first three years of the ACA’s implementation, 2014-16. Under the program, the government collected payments from insurers with lower than expected claims on the health insurance exchanges and made payments to insurers with higher than expected claims.

However, the program faced a $12 billion shortfall, and many insurers didn’t receive payment they said they were promised. The insurers alleged the government committed a ‘bait and switch’ on insurers.”

Read the full post here

Washington Relaxing Some Construction Restrictions

Apr 27

We have good news relating to the construction industry.  Governor Inslee announced today that he was relaxing the restrictions on residential construction.  The Governor has listed the rules for restarting construction projects on his website at:  This is great news for the construction industry.  We hope the Governor allows other industries that can return to work safely to do so ASAP.   Please also join us for our webinar series in which the attorneys of Maynard, Cooper & Gale will provide a timely discussion regarding employer responsibilities and best practices with regard to COVID-19, as well as updates on legislation and guidance from Congress and federal agencies, including CDC, OSHA, EEOC, DOL, IRS, and HHS.
Please note, we are moving the webinars to every other week.  So, the next webinar will be next Tuesday, May 5th at 8am Pacific Time. We have had very good feedback from all our clients who have attended these weekly webinars.  If you have not yet attended a webinar, I recommend you tune in:   Click on the Link Below to Register:

Due to the unprecedented demand, the COVID-19 crisis has placed upon telecom providers we are requesting that participants please try to listen to the webinar using their computer speakers rather than dialing in via phone line. For participants that must use phone audio, the dial-in information will be provided upon logging in to the webinar.  

A recording will be available the afternoon following the live webinar. 


David G Maddock, RHU

Additional Coronavirus Aid Bill Approved

Apr 24

Good morning,

We have great news for those of you who are applying for the PPP loan or have applied and didn’t get money due to the funds not being available.

The House of Representatives just passed an additional Coronavirus aid bill that was approved by the Senate on Tuesday. President Trump is expected to sign the bill immediately. The package is an extension of the CARES Act passed last month and provides more funding for those programs. This bill includes $380 billion for small businesses to infuse funds for the Paycheck Protection Program and economic disaster loans, $75 billion for hospitals and $25 billion for disease testing. 

While the bill delivers much-needed funding to the programs designed by the CARES Act, the additional aid makes no changes to the Coronavirus Relief Fund for state and local governments. Congress is committed to continuing to work on relief legislation in the coming months. After today’s vote, Congress is scheduled to return on May 4. In the meantime, the House has set up a bipartisan task force to provide suggestions on how the House could design a system that would allow members to vote by proxy or remotely. 

We are expecting more action from Congress and the Administration to address other aspects of the pandemic. Be sure to regularly check your email, our social media channels and website for any updates. 

Please stay tuned for more updates and invites to our weekly webinar!

COVID-19 HR Toolkit

Apr 23

Good morning,

This post includes a compilation of information and tools to help you manage the COVID-19 crisis.  The attached HR Toolkit provides an overview of pressing issues employers face, including vital information on new federal laws such as the Families First Coronavirus Response Act (FFCRA) and Coronavirus Aid, CARES Act, HIPAA privacy considerations, layoffs and furloughs, tax credits and much more. Note, due to the developing nature of the pandemic, the guidance in this toolkit will likely require updating. We will make every effort to provide the most accurate, timely information regarding COVID-19.

Download the COVID-19 HR Toolkit

Following is the table of contents of the attached document:

  • COVID-19 and Your Workforce
  • HIPAA Privacy Considerations
  • Insurance Carrier Response to COVID-19
  • Layoffs and Fuloughs
  • Other Compliance Considerations
  • Useful Posters, Policies, & Notification Letters

I hope you find this information useful. Please let us know if there is anything more we can do to help.

FFCRA rules & CARES ACT / PPP Webinar

Apr 23

Good Morning,

Following is a link to the recording of our webinar yesterday morning that goes deep into the FFCRA rules and the CARES ACT / PPP.

I have attached the slides from the presentation.  Please stay tuned for an invite to next Tuesday’s webinar which will focus on continued developments with the PPP program funding and details.

Download the Microsoft Powerpoint

Important: Maddock & Associates is here to help you and any other companies who need help with employee benefits.  Feel free to forward these emails and webinar invites to your colleges and business associates.  We understand that many companies are having financial hardships due to the Stay at Home Order.  If you are running into a situation where you or anyone else you know are struggling to afford the medical insurance premium, please let us know so we can help you understand all the options available. Stay well and please stay tuned for more updates.