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To embed, copy and paste the code into your website or blog: President Biden signed the American Rescue Plan Act of 2021 (“ARPA”) into law on March 11, 2021. Provided here is an overview of the key features that affect employers. COBRA Subsidy In general, upon the loss of employer-sponsored health insurance benefits, the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) allows eligible employees to continue such benefits for up to 18 months at their own expense, meaning employees are typically responsible for the entirety of the premium amount plus an additional 2 percent administrative fee. ARPA seeks to assist employees who are involuntarily terminated or suffer a reduction in work hours resulting in a loss of coverage (“assistance eligible individuals”). Between April 1, 2021 and September 30, 2021, employers must subsidize 100 percent of the COBRA continuation coverage of any assistance eligible individuals who complete COBRA enrollment. Employers will late

United statesHuman servicesDepartment of laborPresident bidenAmerican rescue plan actConsolidated omnibus budget reconciliation actBetween aprilPaid sickFamily leave taxEmergency paid sick leaveEmergency family medical leaveஒன்றுபட்டது மாநிலங்களில்மனிதன் சேவைகள்துறை ஆஃப் தொழிலாளர்ப்ரெஸிடெஂட் பிடென்அமெரிக்கன் மீட்பு திட்டம் நாடகம்