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As we approach our third new year since the first reported cases of COVID-19, related relief may seem like old news. Although much of the government-sponsored pandemic relief has...
Pandemic-related law changes continue to affect employee benefit plans.
On October 6, 2021, the IRS released Notice 2021-58 (the "Notice"), which provides yet another round of guidance on the application of extended deadlines for COBRA elections and payments due to COVID-19.
To embed, copy and paste the code into your website or blog: Last month we shared an alert detailing the COBRA premium subsidy included in the American Rescue Plan Act of 2021 (ARPA). The COBRA premium subsidy is available for Assistance Eligible Individuals (AEIs) from April 1, 2021 and ending the earlier of (1) the date that their COBRA coverage expires, or (2) September 30, 2021. For more information who qualifies as an AEI and additional requirements under ARPA, click On April 7, 2021, the Department of Labor (DOL) issued guidance on the COBRA premium subsidy, providing key guidance for ...
To embed, copy and paste the code into your website or blog: On March 11, 2021, President Biden signed into law the American Rescue Plan Act (“ARPA”). We previously summarized the provisions of ARPA that significantly and immediately impact group health plans in our SW Benefits Update, “Help Is on the Way – Important Changes to COBRA Under the American Rescue Plan Act.” Among the most important changes, ARPA provides (i) a subsidy for certain insurance premiums under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”), (ii) an opportunity for certain individual...