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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.
As part of our ongoing support of the Topeka Community, we would like to take this opportunity to shine a spotlight on Channel 27 News and their weekly Veteran Salute segment.
This week, Channel 27 highlighted John Dietrick's service in Vietnam. To read the full article or watch the full interview, click on the image below or click here.
We are thankful to John, and all our Veterans, for their service!
