How the CARES Act Affects Employee Benefits

The Senate unanimously passed the massive Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”).  The House is expected to pass the CARES Act as soon as Friday, which will send the bill to the White House for President Trump’s swift signature. It’s almost impossible to overstate the size and scope of the bill. In […]

President Signs Bill with Free COVID-19 Testing Coverage Mandate for All Group Health Plans

President Trump signed into law the Families First Coronavirus Response Act (“FFCRA”) yesterday night. The bill worked through Congress with amazing speed to match the country’s quickly broadening needs in response to the COVID-19 pandemic.  After passing the House last Friday, the Senate passed the bill earlier in the day Wednesday. Despite the Republican Senate’s […]

Delaware Supreme Court Decision May Improve D&O Market

On March 18, 2020, the Delaware Supreme Court issued its long-awaited decision in the case of Salzberg v. Sciabacucchi (a copy of the decision can be found here). The unanimous decision ruled that federal forum provisions (provisions in Delaware corporations’ charters requiring actions arising under the federal Securities Act of 1933 to be filed in […]

Effect of COVID-19-Related Reduction of Hours, Furloughs, Layoff Pay, and Premium Shortfalls on Health Benefits

Question:  How do reductions in hours, furloughs, layoff pay, and premium shortfalls caused by COVID-19 affect employee eligibility for active health benefits? Short Answer: The default position is that a reduction in hours to part-time work will cause a loss of eligibility for active health plan coverage, but multiple potential exceptions may apply. Default Position: […]

COBRA for Infertility HRAs and Other Specialty HRAs

Question:  How do the COBRA rules apply to infertility HRAs or other specialty HRAs? Short Answer: All HRAs are group health plans subject to COBRA, and the standard COBRA requirements apply to an infertility HRA or other form of specialty HRA. General Rule: HRAs are Subject to COBRA HRAs are employer-sponsored group health plans subject […]

Coronavirus Concerns: Addressing Illnesses in The Workplace

Coronavirus (COVID-19) has been in the news non-stop since it first surfaced in 2019. Thousands of people worldwide have been admitted to hospitals and tens of thousands more are on lockdown.  Much is unknown about how COVID-19 spreads. Current knowledge is largely based on what is known about similar coronaviruses. As HR professionals, this latest […]

Reflecting on Women Who Lead in Life Sciences

Last week, my colleague Dana George and I had the opportunity to attend San Francisco Business Times’ Women Who Lead in Life Sciences event. The event featured a panel of women in top roles at life science companies, who spoke about their personal stories and the most current challenges facing women in the life science […]

Introducing Coco Schoeller: Business Development and Due Diligence Project Leader, M&A Advisory

Meet Coco Schoeller, the newest member of the M&A Advisory Team. Based in New York City, Coco will focus on business development, offering insurance, employee benefits, human capital due diligence services, and transactional products solutions such as Reps & Warranties and Tax. Q&A with Coco: Share your career path before coming to ABD. My career right out […]