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Families First Coronavirus Response Act Impact on Employee Benefits

Quick Facts:

The Families First Coronavirus Response Act (the "Act") was passed by Congress and has been signed by the President. It includes significant provisions that apply to private employers with fewer than 500 employees and public employers of any size.

 

The Act:

· Requires most health plans, including employer sponsored plans, to cover costs related to COVID-19 testing.

· Requires these employers to provide up to 80 hours of paid sick leave for certain employees who are affected by the COVID-19 virus.

· Expands FMLA protections, providing new partial paid leave to their employees who cannot work because they must stay home to care for children during school and daycare closures.

 

Employers required to comply with the expanded leave and benefits will be eligible for a tax credit to help cover costs related to these requirements.

 

 

For additional information, please click on the link below:


 
 
 
 
 

 
 
 

Kapnick Insurance Group | 333 Industrial Drive, Adrian, MI 49221, www.kapnick.com
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