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Tag: AEI

End of COBRA Premium Subsidy: Notice Obligations by September 15

Written on . Posted in Human Resources.

As mentioned in our earlier blog, American Rescue Plan: Free COBRA Coverage, certain qualified Assistance Eligible Individuals (AEIs) have been eligible for a COBRA premium subsidy between the months of April 1, 2021 and September 30, 2021.  With the expiration of this subsidy at the end of this month, employers need to make sure they are providing the required notice to individuals. One of the obligations of employers has been to notify Assistance Eligible Individuals in advance...

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Guidance from the IRS on COBRA & ARPA

Written on . Posted in Human Resources.

In an earlier blog, we highlighted the COBRA premium subsidy that was provided under the American Rescue Plan Act.  As expected, the IRS has now issued further guidance that provides additional clarification on the subsidy.  Notice 2021-31 has been released and addresses some of the many questions that have been outstanding since the passage of the new law.  There is an extensive list of questions and answers in the newly released notice, which employers are encouraged to review. Listed...

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