COBRA Notice Deadline Wednesday

As we advised you a couple of weeks ago, a 100% subsidy of COBRA premiums was mandated by the American Rescue Plan Act (ARPA) through September 30. The ARPA further dictated that plan administrators give advance notice to “assistance-eligible individuals” (AEIs) that their COBRA subsidy period is coming to an end. The final date by…

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COBRA Subsidy Notice Deadline Approaching

The American Rescue Plan Act (ARPA), signed into law by President Biden back in March, required that “assistance-eligible individuals” (AEIs) be provided a 100% subsidy of their COBRA premiums through September 30, 2021. A separate provision of the ARPA requires that plan administrators give advance notice to AEIs when their COBRA subsidy period is coming…

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IRS Issues COBRA Guidance

A few weeks ago, the Internal Revenue Service (IRS) released its much-anticipated guidance on an individuals premium costs and an employers tax breaks for continuation of COBRA coverage. Among the provisions in President Biden’s American Rescue Plan Act of 2021 (ARPA) is a temporary 100% reduction in an individual’s COBRA health coverage premium following either…

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COBRA Notice Deadline May 31

In the onslaught of changes in employment law resulting from the pandemic and other initiatives, one could be excused for missing one deadline or another, but that’s not the case with the government. In fact, one of the provisions of the American Rescue Plan Act subsidizes COBRA premiums for “Assistance Eligible Individuals” between April 1…

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