Employers — What You Need to Know about the COBRA Subsidy
Guidance Issued on the 2021 COBRA Subsidy
On April 7, 2021, the Department of Labor (“DOL”) issued FAQs regarding implementation of the 2021 COBRA premium assistance (or “COBRA subsidy”). The 2021 COBRA subsidy was included as part of the American Rescue Plan Act (“ARP”). The American Rescue Plan Act of 2011 (ARPA) is a significant piece of legislation for employers. You much quickly comply with the requirements to notify eligible individuals; and also implement the requirements.
To read the full article click here.