Employee Benefits

COVID-19 Carrier Updates – Aetna

Aetna AFA (Groups with 2-50 Employees)

Eligibility Requirements – Reduced Hours/Layoffs

If an active, enrolled employee working 30 hours or more per week is furloughed or has hours reduced below normal full-time eligibility due to the COVID-19 pandemic, Aetna AFA will allow employers to allow the employee to remain on the plan for the duration of the extended relief period – through July 31, 2020.  This is allowed  as long as fee and premium payments are made, the employees are not terminated from the plan and the reduction in hours/la off is a temporary measure resulting from the COVID-19 pandemic.  Please note that employers must offer this coverage on a uniform, non-discriminatory basis, without regard to health status-related factors.

The rehire waiting period for re-hired employees who were terminated due to COVID-19 will be waived.

Special Open Enrollment Period

At this time, there has not been an announcement by Aetna AFA regarding a Special COVID-19 Open Enrollment opportunity.  We will continue to provide updates as they are received.

Aetna – Fully Insured Plans and Large Groups

Eligibility Requirements – Reduced Hours/Layoffs and Special Open Enrollment Period

At this time, there has not been an announcement by Aetna Fully Insured Plans / Large Groups regarding relaxed eligibility requirements or a Special COVID-19 Open Enrollment opportunity.  We will continue to provide updates as they are received.

 

Success Depends on Your Team

Your employees value the benefits your company offers as much as payroll. At Cornerstone, we can help you create a custom benefits package perfectly suited to your team.