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IRS Guidance on ARPA COBRA Subsidies: 86 Q&As and Counting | Epstein Becker & Green

To embed, copy and paste the code into your website or blog: As we previously reported, President Biden signed the American Rescue Plan Act (“ARPA”) into law on March 11, 2021, which, among other things, mandates that employers provide 100 percent COBRA premium subsidies to eligible employees (“Assistance Eligible Individuals” or “AEIs”) and their qualified beneficiaries from April 1, 2021, through September 30, 2021 (“Subsidy Period”). An AEI is an employee who has experienced ...
United States Us Department Of Labor Small Employer Health Reimbursement Arrangement Revenue Service President Biden American Rescue Plan Act

May 31, 2021 Deadline Approaching for ARPA's COBRA Subsidy Election Notices | Epstein Becker & Green

To embed, copy and paste the code into your website or blog: As we previously reported, President Biden signed the American Rescue Plan Act (“ARPA”), a $1.9 trillion COVID-19 relief package, into law on March 11, 2021, which, among other things, mandates that employers provide 100 percent COBRA premium subsidies to eligible employees (“Assistance Eligible Individuals” or “AEIs”) and their qualified beneficiaries from April 1, 2021, through September 30, 2021 (“Subsidy Period”). ...
United States Revenue Service Us Department Of Labor Epstein Becker President Biden American Rescue Plan Act

COVID-19 Resource Guide for Human Resources Professionals: Employers Must Notify Workers About New COBRA Continuation Coverage Rights by May 31 | Troutman Pepper

Who Needs to Know Why It Matters The May 31 deadline to notify workers about new COBRA continuation coverage rights is rapidly approaching. Many employers still have questions about who should receive this notice. This alert provides a step-by-step guide to help answer this question. By now youre aware that the American Rescue Plan Act (ARPA), signed into law by President Biden on March 11, provides a six-month COBRA subsidy for individuals who lose health coverage due to an involuntary termina...
United States American Rescue Plan Act President Biden Coverage Notice Extended Election Premium Assistance Subsidy

Department Of Labor Issues Guidance, Model Notices For COBRA Premium Subsidies Under The American Rescue Plan Act | Fox Rothschild LLP

To embed, copy and paste the code into your website or blog: On April 7, 2021, the U.S. Department of Labor (DOL) issued much needed guidance to employers and their COBRA administrators on the “COBRA premium subsidy” provision of the American Rescue Plan Act (ARPA). This provision requires employers to subsidize COBRA coverage for Assistance Eligible Individuals (AEIs) and their beneficiaries and to provide notice to AEIs who are losing their health care coverage and are eligible for COBRA ...
New York United States Us Department Of Labor Fox Rothschild Department Of Labor American Rescue Plan Act

DOL Releases Model Notices and FAQs About COBRA Premium Subsidy | Locke Lord LLP

To embed, copy and paste the code into your website or blog: As discussed in our prior post, under the American Rescue Plan Act of 2021, certain individuals who are eligible for COBRA coverage as a result of an involuntary ‎termination of employment or reduction in hours may be eligible to receive a 100% subsidy for ‎COBRA coverage for a six-month period beginning April 1, 2021 through September 30, 2021 (“COBRA Premium Subsidy”).  Last week, the Department of Labor (“DOL”) release...
United States Administration Fee Refunds Eligibility For Other Group Coverage Department Of Labor American Rescue Plan Act Affordable Care Act

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DOL Issues Model Notices For COBRA Subsidy Under American Rescue Plan Act | Arent Fox

To embed, copy and paste the code into your website or blog: As discussed in a previous alert, The American Rescue Plan Act (ARPA) provides 100% subsidized premiums for health care continuation coverage under COBRA for eligible individuals and their dependents.   The subsidized premiums are available from April 1, 2021, through September 30, 2021 (the “Premium Assistance Period”), unless earlier terminated as discussed below. The Department of Labor (DOL) was charged with preparing model n...
United States Department Of Labor General Notice Coverage Election Notice Premium Assistance Period Coverage Election

DOL Issues Model Notices, FAQs and Other Guidance About the ARP COBRA Premium Subsidy | Murtha Cullina

To embed, copy and paste the code into your website or blog: On April 7, 2021, the U.S. Department of Labor (DOL) issued welcome guidance–including eagerly-anticipated model notices–to help employers and their COBRA administrators implement the temporary six-month (April 1 to September 30, 2021) COBRA premium subsidy provided under the American Rescue Plan Act of 2021 (“ARP”) with respect to certain individuals who have lost or who will lose employer-sponsored group health coverage due ...
United States Us Department Of Labor Employer Guide To Health Continuation Coverage Under Employee Guide To Health Benefits Under American Rescue Plan Act News Release

Guidance Issued on Implementation of ARPA COBRA Premium Subsidy | Saul Ewing Arnstein & Lehr LLP

To embed, copy and paste the code into your website or blog: Group health continuation coverage under the Consolidated Omnibus Reconciliation Act of 1985 (“COBRA”) permits certain group health coverage to be continued by participants and beneficiaries (“qualified beneficiaries”) when coverage is lost due to certain “qualified events,” such as termination of employment or a reduction of hours.  Under Section 9501 of the American Rescue Plan Act of 2021 (“ARPA”), an “assistance...
United States Revenue Service Employee Benefits Security Administration Public Health Services National Emergency Health Insurance Marketplace

Department Of Labor Publishes Model Notices For American Rescue Plan Act's COBRA Subsidy - Employment and HR

As detailed in our March 17 Alert, the American Rescue Plan Act of 2021 (ARP) provides for a temporary 100 percent COBRA subsidy for eligible individuals whose qualifying event was an involuntary termination of employment or reduction in hours. The subsidy under the ARP is in effect from April 1, 2021, through September 30, 2021. The ARP makes the subsidy available for "Assistance Eligible Individuals." An assistance eligible individual is a COBRA-qualified beneficiary who meets the following ...
United States Revenue Service Department Of Labor American Rescue Plan Act Eligible Individuals Coverage Election
Source: mondaq.com

Model ARPA COBRA Notices Have Arrived

Model ARPA COBRA Notices Have Arrived! Thursday, April 8, 2021 On April 7, 2021, the U.S. Department of Labor (DOL) issued eagerly anticipated guidance on administering COBRA subsidies under the American Rescue Plan Act of 2021 (ARPA). The guidance includes Frequently Asked Questions (FAQs) and various Model Notices and election forms implementing the COBRA Premium Assistance provisions under ARPA, while also announcing the launch of a page dedicated to COBRA Premium Subsidy guidance...
United States Us Department Of Labor Public Health Service American Rescue Plan Act Frequently Asked Questions Model Notices

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