News & Analysis as of

Subsidies American Rescue Plan Act of 2021

Holland & Hart - The Benefits Dial

This is the End: Employers Must Provide Notice of the Expiring COBRA Subsidy Period

The COBRA subsidy from COVID-19 stimulus bill – The American Rescue Plan Act of 2021 (ARPA) – is nearing an end and in many cases requires employers to provide notices by September 15. The COBRA subsidy covered 100% of COBRA...more

BakerHostetler

Don't Forget Your COBRA Subsidy Expiration Notice

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COBRA subsidies under the American Rescue Plan Act of 2021 (ARPA) end on Sept. 30, 2021, which means businesses must send expiration notices to former employees and other eligible individuals whose COBRA premiums have been...more

Jackson Lewis P.C.

The End Of A (Short) Era: ARPA COBRA Subsidies And The Remaining Action Item For Plan Sponsors

Jackson Lewis P.C. on

The American Rescue Plan Act of 2021 (“ARPA”) kept many practitioners busy this spring/summer. Under one of ARPA’s most impactful provisions, employees who were involuntarily terminated or had their hours reduced (and...more

Clark Hill PLC

Reminder: Required COBRA Subsidy Notifications and Election Forms Must be Sent by May 31

Clark Hill PLC on

COBRA notices and election forms are required to go out to assistance eligible individuals by May 31. Under the American Rescue Plan Act (“ARPA”), not only is COBRA subsidized for certain recipients but employers are also...more

Steptoe & Johnson PLLC

New COBRA Notice Requirements for Employers Begin This Month

Steptoe & Johnson PLLC on

In the American Rescue Plan Act of 2021 (“ARPA”), Congress provided 6 months of free COBRA coverage for certain individuals who are eligible for COBRA continuation coverage due to a qualifying event that is a reduction in...more

Dickinson Wright

May 31, 2021 Notice Deadline Approaching for New COBRA Subsidy Relief

Dickinson Wright on

The American Rescue Plan Act of 2021 (“ARP”) includes a 100% COBRA temporary subsidy for certain eligible individuals (“Assistance Eligible Individuals”) who lost health care coverage due to an involuntary termination of...more

Patterson Belknap Webb & Tyler LLP

American Rescue Plan Act: New Guidance on COBRA Premium Assistance

The American Rescue Plan Act (“ARPA”) became law in March of this year. One of the many relief provisions included in ARPA is a temporary subsidy of COBRA continuation premiums for certain individuals, summarized in our...more

Clark Hill PLC

New COBRA Notices Must Be Issued by May 31

Clark Hill PLC on

On April 9, the U.S. Department of Labor (DOL) issued new guidance about the COBRA subsidy available under the American Rescue Plan Act (ARPA). Employers subject to COBRA must send out the updates notices as soon as possible...more

Saul Ewing LLP

Guidance Issued on Implementation of ARPA COBRA Premium Subsidy

Saul Ewing LLP on

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...more

Baker Donelson

UPDATE: Administrative Guidance Issued Regarding Implementation of COBRA Subsidies

Baker Donelson on

The American Rescue Plan Act of 2021 (ARPA) includes a subsidy structure that is designed to fully subsidize COBRA for employees and family members losing group health plan coverage due to an involuntary termination of...more

Nelson Mullins Riley & Scarborough LLP

COBRA Subsidies are Revived — Update

The American Rescue Plan Act of 2021, signed by President Biden on March 11, 2021, (“ARPA”) includes generous provisions granting eligible individuals who have lost their jobs or had a reduction in hours (and their family...more

Groom Law Group, Chartered

DOL Takes First Bite At COBRA Subsidy Guidance

On April 7, 2021, the Department of Labor (“DOL”) released initial guidance regarding the 100% COBRA premium subsidies under the American Rescue Plan Act of 2021 (“ARP”), and also issued model notices that can be used in...more

Ballard Spahr LLP

ARP: COBRA Premium Assistance

Ballard Spahr LLP on

The United States Department of Labor has issued much anticipated guidance and model forms under the COBRA subsidy rules introduced by the American Rescue Plan (ARP). The FAQ guidance and forms clarify some issues that...more

Seyfarth Shaw LLP

ARPA COBRA Subsidy: DOL Releases Model Notices, Punts (to IRS?) on Most Open Issues

Seyfarth Shaw LLP on

Seyfarth Synopsis: As discussed in our March 11, 2021 Alert, Congress has made another avenue of health coverage more accessible by fully subsidizing the cost of COBRA coverage from April 1 - September 30, 2021 for...more

Kelley Drye & Warren LLP

COBRA Subsidies Under the American Rescue Plan Act

The American Rescue Plan Act (ARPA), signed into law on March 11, 2021, requires employers to provide free COBRA coverage to employees (and family members) who qualify for COBRA due to an involuntary termination of employment...more

Foley Hoag LLP

The American Rescue Plan Act of 2021: Understanding the Key Provisions Impacting Employers

Foley Hoag LLP on

On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (the “ARPA”) into law. In addition to providing nearly $2 trillion of monetary relief for individuals and business sectors impacted by the...more

Epstein Becker & Green

Podcast: American Rescue Plan Delivers New Stimulus Funding - Diagnosing Health Care

Epstein Becker & Green on

The $1.9 trillion coronavirus relief package, the American Rescue Plan, includes money for rural hospitals, billions of dollars for COVID-19 testing and contact tracing, and extra subsidies to help people buy health coverage...more

Epstein Becker & Green

ARPA Requires Tax-Free COBRA Subsidy

Epstein Becker & Green on

As part of the American Rescue Plan Act of 2021 (“ARPA”), signed into law on March 11, 2021, employers will be required to provide, on a tax-free basis, a subsidy to employees and their qualified beneficiaries to pay 100% of...more

Troutman Pepper

COVID-19 Resource Guide for Human Resources Professionals: 100% Federally Funded COBRA Is Almost Here — What You Need to Know

Troutman Pepper on

The American Rescue Plan Act (ARPA), signed into law by President Biden on March 11, packs a powerful one-two punch for employers and employees alike who continue to be sucker punched by the effects of COVID-19. While...more

Sheppard Mullin Richter & Hampton LLP

The American Rescue Plan Act of 2021: A New Lease on Life for the Affordable Care Act?

On March 10, 2021, President Biden signed into law the American Rescue Plan Act of 2021 (the “Act”). This $1.9 trillion COVID-19 relief package not only includes a whole host of healthcare-related provisions, but, along with...more

Kaufman & Canoles

Employee Benefits Client Alert – March 2021

Kaufman & Canoles on

Increased Obamacare Health Insurance Subsidies Provide Savings Opportunity for Small Employers - How the Federal Government Subsidizes Health Insurance - Since 2014, the Affordable Care Act (Obamacare) has provided...more

Arnall Golden Gregory LLP

COBRA Subsidy Requirements Under the American Rescue Plan Act of 2021

Among many other pandemic relief provisions, the recently enacted American Rescue Plan Act of 2021 (“ARPA”) includes provisions for certain (a) COBRA subsidies, (b) extended COBRA election periods, and (c) related notice...more

Dickinson Wright

New COBRA Subsidy Available April 1, 2021

Dickinson Wright on

The American Rescue Plan Act of 2021 ("ARPA") includes a 100% COBRA subsidy for "assistance eligible individuals" during the six-month period of April 1, 2021 through September 30, 2021. Following is a summary of the COBRA...more

BakerHostetler

Employers May Need to Update Their Severance Agreement Templates by April 1

BakerHostetler on

Acronyms make us do things. AWOL makes us go looking for someone, BOGO makes us buy two of something we didn’t need one of, and NSFW makes us cover our screen and hope no one has already walked by....more

Clark Hill PLC

April 1 Brings Major COBRA Changes Under ARPA

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Beginning April 1, the recently passed American Rescue Plan Act of 2021 (“ARPA”) implements temporary, but significant changes to COBRA, including new notices, government subsidies, and second election windows. Additional...more

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