Lincoln Financial - Critical COVID-19 Update from Lincoln Financial
This week, we’re sharing a few critical updates related to Lincoln’s
response to the COVID-19 situation, and how we’re supporting you with answers
and guidance.
Continuation of Coverage, Actively at Work and Grace Period Flexibility Extended
We’re extending the previously-shared 60-day premium grace period so all customers have a 60-day grace period (or longer if required by law) through September 30, 2020. Additionally, we’ll continue to provide flexibility in how we administer continuation of coverage to apply to employees whose work status was adversely affected due to COVID-19 (e.g. laid off, reduced hours, furloughed, leave of absence, etc.), through September 30, 2020.
To learn more about these updates and how they may apply to you and your employees, please review our summary.
New York Legislation Clarified – Considerations by Employer Size
On March 19, we provided an overview of recent legislation impacting New York Disability Benefits Law and Paid Family Leave programs. Based on questions we’re heard from you, today we’re sharing more to help you understand specific requirements based on employer size. Please take a moment to read through these considerations.
More of Your Questions Answered
We’ve updated our Frequently Asked Questions document, including new details on how we’re providing flexibility to evidence of insurability applicants at this time.
New Resources on our Guidance Hub
We continue to update our COVID-19 Guidance Hub with new materials to support you and your employees, including employer best practices, legislation summaries and employee resources. This week, you’ll find:
We appreciate your partnership and want to be here for you. Please share your thoughts openly with your Lincoln sales or service contact on how we can better support you and your employees.
Continuation of Coverage, Actively at Work and Grace Period Flexibility Extended
We’re extending the previously-shared 60-day premium grace period so all customers have a 60-day grace period (or longer if required by law) through September 30, 2020. Additionally, we’ll continue to provide flexibility in how we administer continuation of coverage to apply to employees whose work status was adversely affected due to COVID-19 (e.g. laid off, reduced hours, furloughed, leave of absence, etc.), through September 30, 2020.
To learn more about these updates and how they may apply to you and your employees, please review our summary.
New York Legislation Clarified – Considerations by Employer Size
On March 19, we provided an overview of recent legislation impacting New York Disability Benefits Law and Paid Family Leave programs. Based on questions we’re heard from you, today we’re sharing more to help you understand specific requirements based on employer size. Please take a moment to read through these considerations.
More of Your Questions Answered
We’ve updated our Frequently Asked Questions document, including new details on how we’re providing flexibility to evidence of insurability applicants at this time.
New Resources on our Guidance Hub
We continue to update our COVID-19 Guidance Hub with new materials to support you and your employees, including employer best practices, legislation summaries and employee resources. This week, you’ll find:
- Fireside chat on mentally preparing your workforce for a
COVID-19 surge, featuring Dr. Glenn Pransky, Lincoln’s Scientific Advisor
- Podcast – “Benefits of an Employee Assistance
Program (EAP) during a pandemic” – featuring leadership from our EAP
partner, ComPsych
- Protecting Yourself and Others from COVID-19
summary
- Tips for navigating homeschooling during this
time
- Advice for new mothers during COVID-19
We appreciate your partnership and want to be here for you. Please share your thoughts openly with your Lincoln sales or service contact on how we can better support you and your employees.