Financial Assistance for Businesses Affected by the Coronavirus

The Senate Committee of Small Business & Entrepreneurship has released information on the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress.

Businesses with fewer than 500 employees may be eligible for payroll, debt, and disaster relief loans from the Small Business Administration. The Act will also offer resources such as counseling and contracting, as well as tax provisions.

You can find additional information at optimahealth.com/covid-19/brokers.

As part of the CARES application, employers must provide copies of invoices showing paid health insurance premiums. Optima Health employer groups with access to our secure Employer Portal can view and download current and historical billing statements.

Employers who do not currently have access should complete and submit our Confidentiality Agreement and Portal User Profile Form to request an account. Be sure to check the box at the top of the form to “View Billing Statements.”

Once the account has been established, employers can sign in and select Billing Statements on the left-hand navigation pane under “Payments and Billing” to view their statements.

Note: Optima Health is providing this to brokers and employers for informational purposes only. The information in this email and posted on our website is not intended to provide compliance, tax, or legal advice, or to be relied upon for these purposes. Brokers and employers should be advised to consult with legal and tax experts to understand how the Act will affect their individual or business circumstances.

Speech Bubble

Coronavirus Assessment Tool