September 2020

24
Sep

Affordability Percentages Will Increase for 2021

On July 21, 2020, the IRS released the ACA affordability percentages for 2021. These changes take effect for taxable plan years beginning January 1, 2021. Here are important details to know so you’re prepared to adjust affordability percentages. Understanding the ACA Update The IRS updated contribution percentages for 2021 for employer-sponsored coverage on July 21, 2020. This coverage will be

Read more

17
Sep

Toxic Hand Sanitizer and Recall Risks

The coronavirus pandemic marked the biggest health concern of 2020, but toxic hand sanitizer risk became alarming as well. The FDA announced in June that methanol (aka wood alcohol) in 9 different hand sanitizers could be harmful to a person’s health. By August, several dozen other toxic hand sanitizers joined the warning list. Manufacturers can protect financial health with appropriate

Read more

10
Sep

Proposed Federal Guidelines Mandate Weekly COVID-19 Testing at Nursing Homes

Nursing homes across the United States face intense challenges from the effects of COVID-19. The fact that 42% of deaths from the virus are associated with nursing homes is alarming, especially when you consider these facilities relate to only 8% of all cases. Understaffing and litigation are becoming major problems. Proposed solutions include professional liability insurance coverage, federal funding, and

Read more

3
Sep

The New Relationship between Medicare and Michigan Auto Insurance

Michigan has recently updated its laws on auto insurance’s medical coverage, effective July 1, 2020. The various changes provide new options for Medicare enrollees regarding options for Personal Injury Protection (PIP) benefits. Michigan has unique laws compared with the rest of the nation, due to unlimited healthcare coverage for automobile accidents, which is why costs have been more expensive than

Read more

COVID-19 Update :


At CIA Insurance, we are doing everything we can to keep you up to date on COVID-19. Please check back for up to date resources.Learn More