Business Resources

We know you are facing significant change and hardship due to the Coronavirus pandemic. Below are some resources that may help you traverse through these difficult times.
On Saturday, March 14, when we were told health care providers would be restricted to providing emergency procedures only, we explained to Ohio policy makers that this would have a devastating impact on many small business dental practices and dental employees. Policy makers have been hearing the same message from other similarly impacted businesses. We continue to advocate on your behalf to get relief.
Below are some of the actions policy makers have taken so far.
Financial resources
SBA disaster relief loans
Last week, the Governor and Lt. Governor stated that Ohio would apply to the federal government Small Business Administration to be added to the list for areas affected by COVID-19. Ohio has now been added to the list of states. To find the list of effected areas please go to https://www.sba.gov/disaster-assistance/. Further information for businesses can be found at https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources#section-header-2 .
Your lending institution
Also, remember to check with your current financial institution to see what options are available to help cover business overhead expenses. If you have a long standing relationship with a bank or financial institution, you may be able to leverage that relationship to extending a line of credit or short-term low interest loan. If you have a current mortgage or other loans with a bank or financial institution, you may be able to request interest only payments, ask for an extension to payment due date or waived late payment fees.
Remember to talk to your own personal business advisor since each course of action has its own set of benefits and consequences.
Unemployment benefits
Under the Executive Order issued by the governor, any employee who is totally or partially unemployed will be eligible to apply for unemployment benefits without serving the normal waiting period. Please visit the unemployment website for more information. You can also direct your employees to the workers guide to unemployment insurance.
The Executive Order also provides:
  1. Unemployed workers will include individuals requested by a medical professional, local health authority, or employer to be isolated or quarantined as a consequence of COVID-19 even if not actually diagnosed with COV-19; and
  2. Individuals totally or partially unemployed, or who are participating in the SharedWork Ohio Program will not be required to serve a waiting period before receiving unemployment insurance or SharedWork benefits; and
  3. Any benefit paid on these unemployment claims shall not be charged to the account of the employer who otherwise would have been charged but instead shall be charged to the mutualized account, except reimbursing employers; and
  4. Waiver of work search requirements shall include those individuals requested by a medical professional, local health authority or employer to be isolated or quarantined as a consequence of COVID-19 even if not actually diagnosed with COV-19; and
  5. Penalties for late reporting and payments will be waived for employers affected by COVID-19.
Unemployment compensation definitions:
  • An individual is “totally unemployed” in any week during which the individual performs no services and with respect to such week no remuneration is payable to the individual.
  • An individual is “partially unemployed” in any week if, due to involuntary loss of work, the total remuneration payable to the individual for such week is less than the individual’s weekly benefit amount.
Resources and calculators:
Advocacy with the U.S. Department of Labor
On March 18, Congress passed and President Trump signed into law the Families First Coronavirus Response Act. Unfortunately, this new law has certain provisions related to mandated paid sick leave and family medical leave that could be detrimental to Ohio’s dental practices. Today, the ODA sent this letter to the U.S. Secretary of Labor asking him to exempt dental practices from the burdensome provisions of the new law.
COVID-19 Resources and Information for Dental Offices
Click here to view current and updated information and resources about the Coronavirus for dental offices in Ohio.
When looking through these resources please understand that this is not business or legal advice. The goal of this communication is to give members resources to ensure that they are prepared when talking with their personal human resources staff, attorney or accountant. It is important to note that depending on your specific circumstances decisions about your business and employees can be different from others. Also, if you offer a benefit package the recommendations could be different for you. This is a fluid situation and information could change at any time. Please use this information to make informed decisions with you legal and human resource teams.