CDA is advocating for long-term, no interest business continuity loans. We will be advocating for dental benefit companies to provide relief and financial support to keep their provider networks healthy, vibrant and available to patients. CDA continues to monitor and engage on several quickly evolving efforts at the federal and state levels to help alleviate the challenges facing small business owners and their employees.
The Families First Coronavirus Response Act, H.R. 6201, was signed into law March 18 and will take effect April 1. The legislation is part of a phased response to the coronavirus impact and is focused on short-term issues such as child and elderly nutrition programs, testing for COVID-19, unemployment benefits, paid sick leave and additional family medical leave. CDA will update members on the impact of the new, temporary rules of the Family and Medical Leave Act before the rules take effect. The Secretary of Labor is expected to announce emergency regulations to clarify portions of the new law especially as it relates to health care providers and employers with fewer than 50 employees, who may qualify for certain exemptions.
Additional legislative response is set for negotiation in the coming days and weeks. The next phase of response is expected to include nearly $1 trillion in spending for economic stimulus to mitigate the impact of the pandemic on individuals and industry.
The state treasurer has compiled a list of resources available to small business owners. Practice owners are also encouraged to check with their city and/or county to identify local business relief programs.
As new relief becomes available, CDA Practice Support will be updating its resources regularly for members online at cda.org/covid19. Practice Support is also available at 800.232.7645 but is experiencing a significant increase in calls, so wait times may be longer than usual.