Dickerson Update May 21 – IRS Relaxes Rules, Dickerson Announces Medicare Webinar Series and More!

IRS relaxes election change, other rules for cafeteria plans and FSAs

In response to COVID-19, the IRS issued Notices  2020-29 and 2020-33 on May 12, 2020.  These notices provided clarification, guidance, and relief for employees regarding the following areas:

  • Mid-year election changes
  • Employer-sponsored health coverage
  • FSA coverage and carryover rules 
  • High Deductible Health Plans (HDHPs) and COVID-19 treatment
  • HDHPs and telemedicine 
  • Health FSA carryover limits
  • Individual Coverage HRAs (ICHRAs)

To read the full legal alert from Alera, click here.

Dickerson announces new Medicare webinar series

Judy Daniels of Berwick Insurance Group, Dickerson’s Medicare partner, will be co-hosting a series of six webinars with Dickerson in the coming months. Judy is the Medicare Chair for LAAHU, and trains and mentors agents on Medicare throughout California. She’s an expert on Medicare and Medi-Cal, as well as a wide array of issues that come up for seniors in our community. Click here to have a look at upcoming sessions you won’t want to miss!

1st in the Series: Medicare Deep Dive Webinar –Wed. June 3, 10:00 – 11:00 AM

In this session you’ll get an in-depth perspective on how Medicare works. You’ll also find out when and how to enroll. This webinar is the first in this six-part series, click here to register.

Growing signs that coronavirus is ebbing in California

The Los Angeles Times analyzed metrics which seem to indicate great progress in slowing the spread of coronavirus in California. Though deaths remain a stubborn challenge within the state, other promising figures have even some of the most cautious health officials agreeing that it might be time to begin reopening the economy. 

In spite of increased testing, the number of newly identified coronavirus cases declined from 13,041 cases last week to 12,229 cases this week. Across California, hospitalizations dropped more that 15% from its peak six weeks ago. Because of these promising figures, Governor Newsom relaxed the requirements for reopening counties, allowing Contra Costa, Monterey, Napa, San Joaqin, San Luis Obispo, Santa Clara, and Yolo counties to move into the next phase of reopening. 

However, deaths still remain a persistent problem and are disproportionately affecting Black and Latino communities. Officials worry that coronavirus will resurge in the fall and that life with coronavirus might continue into next year without a widely available vaccine.

To read the full story, click here.