Stethoscope or phonendoscope on a doctor's white desk on cloudy morning, for treatment of cold or flu.

Health Insurance and Group Plans – Coronavirus (COVID-19) Guidance

The employee benefits team of Oswald Companies is focused on meeting the critical needs of employers and keeping them informed on the latest in legislative and compliance updates. Please check out the advisories below and connect with your client management team on your specific questions and concerns.

 Contact us or click to call: 1.855.4OSWALD

Insurance Premium Flexibility

If you need insurance premium payment flexibility, please contact your Oswald team member for guidance. We will make sure you are clear on the payment flexibility to which you are eligible.

General Guidance:

 Health Insurance Premiums Grace Period

  • The Ohio Department of Insurance is ordering all insurers in Ohio to allow employers to offer employees a grace period for insurance premiums.
  • The grace period must provide the option of deferring payments interest free for up to 60 calendar days form the original premium due date.
  • Health insurers must allow employers to continue covering employees even if the employees would otherwise become ineligible for insurance because of a decrease in work hours.
Note: This communication is for informational purposes only. Although every reasonable effort is made to present current and accurate information, Oswald makes no guarantees of any kind and cannot be held liable for any outdated or incorrect information.