Medcom Blog

COVID and Employee Benefits: From Beginning to Now

COVID and Employee Benefits: From Beginning to Now

In February, President Biden further extended the National Emergency declaration, which is ongoing today. We are, however, beginning to see the light at the end of the tunnel as vaccinations increase. It’s been a long, tiresome road, and we wanted to recap on a few of the changes that came about due to the pandemic.

We put together a timeline of events describing how COVID has affected the employee benefits industry.

March 18, 2020: Families First Coronavirus Response Act

The FFCRA requires all employers with less than 500 employees and public employers,...

Read More
IRS Notice 2021-31

IRS Notice 2021-31

On May 18, 2021, the IRS issued Notice 2021-31. The notice provides guidance on tax breaks under the 2021 American Rescue Plan Act (ARPA) for continuation health coverage under COBRA.

We realize it’s a bit overwhelming, but our senior legal counsel, Michelle Barki, summarized the main points covered in the 41-page document. So don’t be scared; we are here to help!

Notice 2021-31 Main Points:

1. Employers may require attestations to AEI status.

Any proof of eligibility records should be kept. 

2. Involuntary Termination, like ARRA, is broadly interpreted based on facts and...

Read More
2021 World Environment Day

2021 World Environment Day

Every day is a good day to celebrate the natural resources available to us here on planet earth. But this Saturday, June 5th, is World Environment Day, and there's even more cause for celebration. The holiday, established in 1972 by the United Nations at the Stockholm Conference on the Human Environment, celebrated the first official World Environment Day two years later, in 1974, with the theme “Only One Earth.”

Medcom Benefit Solutions strives to be considerate of what we can do for the planet. As an employee benefits company, it seems as though...

Read More
Memorial Day: Remembered But Never Forgotten

Memorial Day: Remembered But Never Forgotten

Next Monday is Memorial Day, so we wanted to take the time to share with you the history behind the holiday. It seems a bit strange to say “Happy Memorial Day” because the word memorial carries a connotation of sadness. Nonetheless, it's also a day to be thankful for the freedoms we have because of those who bravely fought for our country.

A Little History Lesson

Memorial Day honors soldiers who died while serving in the U.S. military and originated around the time of the Civil War. The Civil War, which took...

Read More

Stay Connected