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Providing People Solutions |
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Providing People Solutions |
Under the American Rescue Plan Act of 2021 (“ARPA”), employers will be required to provide COBRA premium assistance to Assistance Eligible Individuals (and their qualified beneficiaries) who are eligible for COBRA as a result of an involuntary termination of employment or reduction in hours. The premium assistance applies to periods of health coverage on or after April 1, 2021 through September 30, 2021. An employer or plan to whom COBRA premiums are payable is entitled to a tax credit for the amount of the premium assistance.
The Department of Labor recently released Model Notices and Frequently Asked Questions related to the ARPA Cobra premium assistance, which can be found here: https://www.dol.gov/agencies/ebsa/laws-and-regulations/laws/cobra/premium-subsidy.
If you have additional questions related to the ARPA COBRA premium assistance, or need other HR assistance, please contact HR Partners at 785-233-7860.
We appreciate your business, and we wish you nothing but the best for Christmas and the New Year holidays.
2025 will be an epic year and we can’t wait to work with you to continue the magic.
To view the video, click the image below or click here, and once you see the video on Vimeo, please click the play button. Enjoy!
“Kristina and her group of advisors have been very valuable to our company over the last several years. They have assisted us both in critical employee issues as well as reviewing and updating our employee handbook. As their company name proclaims, they are true business partners!”
