One of the most
pertinent provisions in the recently enacted American Rescue Plan involves
COBRA subsidies. The legislation offers federal subsidies for COBRA premiums at
100% coverage, applicable from April 1 to September 30. Last month, the
Department of Labor released guidance regarding the COBRA-subsidy provisions of
ARP but several compliance concerns lingered. Two weeks ago the IRS released
additional guidance, offering answers to many of your frequently asked
questions.
In this week’s
webinar, Vice President and Director of Employee Benefits Compliance at First
Insurance Group Barb Gerken and Managing Director of Compliance and Operations
at Higginbotham Ross Carmichael reviewed this new guidance and what you and
your clients need to know.
Watch it here. |