New Jersey Secure Choice is a state-sponsored retirement plan mandate designed to help more private sector employees save for the future. Employers who have been operating for two or more years and employ 25 or more employees must sponsor a retirement plan or adopt the New Jersey Secure Choice Savings Program.
Join us on Zoom Tuesday, April 12 at 12 p.m. ET for this webinar sponsored by Hafetz and Associates, NFP, and NPPG to get your questions answered and understand what options employers have. REGISTER HERE!
Hafetz and Associates is a member of Benefits Partners, a national corporate benefits organization of more than 180 offices across the country. Benefits Partners brings together leading-edge thinking, preferred carrier relationships, best-of-breed products, advanced benchmarking and analysis tools, and comprehensive decision and implementation support services that keep companies ahead of the curve.
NFP is a leading provider of corporate benefits and commercial insurance consulting services. Fueled by our entrepreneurial spirit, NFP is driven to find the right answer for each of our clients, not just a formulaic or by-the-book answer. Whatever the challenge, you can expect us to apply our deep knowledge, creative thinking, and industry experience to deliver a tailored solution.
NPPG Fiduciary Services, LLC (NPPGFS) performs the due diligence to help clients understand the complex and ever-changing compliance landscape. We enable clients to find the most appropriate retirement plan solution to meet the financial needs of their business and their employees. NPPG provides the expertise and resources to seamlessly implement and manage all plan details from completing required paperwork to fulfilling compliance and fiduciary obligations.
On February 23, the Murphy administration introduced a new “Expanded Access” initiative, which allows residents at certain income levels to continue to enroll in free or nearly free health coverage.
The new Expanded Access Special Enrollment Period allows qualifying consumers with an annual household income of up to 200% of the federal poverty level ($25,760 for an individual and $53,000 for a family of four), to enroll in a health plan throughout the year. Because of the increased financial help available, this population has access to plans with low or no monthly premium.
Having trouble navigating the Get Covered NJ website? Hafetz is here to help! Call us today at 609-872-0001 or visit https://hafetzandassociates.com/contact for more information and FREE assistance with enrolling.
All plans offered through Get Covered NJ cover preventive services, emergency services, prescription drugs, and prenatal and pediatric care, and more, and no one can be denied coverage due to a pre-existing condition.
In New Jersey, there remains a requirement to have health coverage. Residents who do not qualify for an exemption from the Shared Responsibility Payment will pay a penalty at tax time. Call us today.
February 2022 – Individuals enrolled in either Original Medicare or Medicare Advantage will be able to get over-the-counter COVID-19 tests at no cost starting in early spring. Under the new initiative, Medicare beneficiaries will be able to access up to eight over-the-counter COVID-19 tests per month for free. Tests will be available through eligible pharmacies and other participating entities. This policy will apply to COVID-19 over-the-counter tests approved or authorized by the U.S. Food and Drug Administration (FDA).
This is the first time that Medicare has covered an over-the-counter test at no cost to beneficiaries. There are a number of issues that have made it difficult to cover and pay for over-the-counter COVID-19 tests. However, given the importance of expanding access to testing, CMS has identified a pathway that will expand access to free over-the-counter testing for Medicare beneficiaries. This new initiative will enable payment from Medicare directly to participating pharmacies and other participating entities to allow Medicare beneficiaries to pick up tests at no cost. CMS anticipates that this option will be available to people with Medicare in the early spring.
Until then, people with Medicare can access free tests through a number of channels established by the Biden-Harris Administration. Medicare beneficiaries can:
- Request four free over-the-counter tests for home delivery at covidtests.gov.
- Access COVID-19 tests through healthcare providers at over 20,000 free testing sites nationwide. A list of community-based testing sites can be found here.
- Access lab-based PCR tests and antigen tests performed by a laboratory when the test is ordered by a physician, non-physician practitioner, pharmacist, or other authorized health care professional at no cost. In addition to accessing a COVID-19 lab test ordered by a healthcare professional, people with Medicare can also already access one lab-performed test without an order, also without cost sharing, during the public health emergency.
Read the full article from the Centers for Medicare and Medicaid Services, here.
Health and wellness tips for your work, home and life – brought to you by the insurance professionals at Hafetz & Associates
Even if your job requires you to sit for eight or more hours, you can combat the effects of prolonged sitting with a variety of one-minute office workouts—right at your desk—to keep yourself active and improve your body’s strength and flexibility.
For Lower Body Strength
Sit in your chair. Extend one leg out in front of you. Hold it straight for five seconds. Raise it as high as you can and hold for five more seconds. Switch legs and repeat, for a total of three times on each side.
For Your Core and Arms
Sit in your chair with your legs crossed in front of you (like a pretzel), and your feet on the seat. Place your hands on the armrests, engage your core and raise yourself a couple inches above the seat. Hold for 10 seconds. Rest a few seconds, and repeat five more times.
For Your Biceps
Sit tall with your abs pulled in. Hold a dumbbell or filled water bottle in one hand, with your arm stretched out straight and your palm facing the ceiling. Curl it up towards your shoulder and then back to the starting position 15 times. Alternate arms, and repeat.
To Stretch Stiff Muscles and Relieve Tension
Sit straight, facing forward. Turn your head to the left while turning your torso to the right. Hold for 5 seconds. Keep alternating sides for a total of 60 seconds.
Every Little Bit Counts
The impact of movement – even a leisurely walk – can be compelling. The muscle activity needed to move the body triggers important processes related to the breakdown of fats and sugars. This burns more calories, which can lead to weight loss and increased energy. In contrast, these processes stall when sitting, and health risks increase. Standing and actively moving kicks the body’s vital processes back into action.
The following are easy ways to incorporate movement into your workday:
- Take the stairs instead of the elevator.
- Go for brief walks as often as possible.
- Walk or go to the gym during your break.
Remember to consult with a doctor before starting any type of exercise regime.
These days, you may feel overwhelmed with all the health information available to you. However, there are really only a few basic tips to keep in mind for your optimal health. Follow these five simple suggestions to get started on your way to living a happy and healthy life!
- Eat healthy. A healthy diet can protect you from heart disease, bone loss, Type 2 diabetes, high blood pressure and some cancers, such as colorectal cancer. Making small changes in your eating habits can make a big difference in your life.
- Exercise regularly. Exercise can help control your blood pressure, blood sugar and weight, raise your “good” cholesterol, and prevent diseases, such as colorectal cancer, heart disease and Type 2 diabetes. Aim to get at least 150 minutes of moderate-intensity aerobic activity (briskly walking) or 75 minutes of vigorous-intensity aerobic activity (running) and at least two days of strength training every week.
- Watch your weight. Achieving and maintaining a healthy weight is important to your overall health. Being overweight can lead to serious health problems, affecting both your well-being and health care costs.
- Manage your stress. It’s important to manage stress in order to sleep better, improve concentration, get along better with family and friends, lessen neck and back pain, and have an overall feeling of calmness.
- Avoid tobacco and limit alcohol consumption. Alcohol and tobacco use are linked to an increased chance of developing chronic conditions. Quitting or refraining from smoking and limiting or avoiding alcohol consumption are the best ways to combat such risks.
Please speak with your doctor if you have questions about other steps you can take to improve your health.
*These tips are not intended to replace the advice of a legal or medical professional. Readers should contact a health professional for appropriate advice.