DOL Issues Guidance on the American Rescue Plan Act COBRA Subsidy On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA) that contains a new, temporary COBRA subsidy. From April 1, 2021 through September 31, 2021, the ARPA requires employers to cover 100% of an employee’s cost of continuing group health coverage […]
Tag: COBRA
Provisions implement COBRA premium assistance through September 2021 The U.S. Department of Labor today issued guidance implementing the American Rescue Plan’s Continuation of Health Coverage premium assistance provisions to provide full COBRA premium assistance to certain individuals who have experienced a reduction in hours or involuntary termination of employment. The guidance from the department’s Employee Benefits Security […]
I include a summary here because you might read the rest of this article and think, “No way, really?!” And yes, yes really. Summary: The American Rescue Plan Act provides for a 100 percent COBRA premium subsidy for certain former employees from April 1, 2021 to Sept. 30, 2021 and provides a second chance for […]
Hey Compliance Warriors! Because of the Coronaurus outbreak, health agencies have extended cobra benefit enrollment to help people in crisis. Below you’ll see the extended details of the plan answering your questions! Read on… Article Via: gtlaw.com “On May 4, 2020, in response to the Coronavirus Disease 2019 (COVID-19) pandemic, the Internal Revenue Service (IRS), […]
Hey Compliance Warriors! COBRA can be difficult to navigate and can be hard on employers at times. However here are 12 reasons why we should be compliant with COBRA. Read on…
We have recently made several updates to our HelpDesk Tool-Kits. Specifically, we have added HR updates regarding COBRA laws. Read on…