American Rescue Plan: Free COBRA Coverage
The American Rescue Plan Act (ARPA), now signed by President Biden, includes important changes which employers need to be aware of regarding COBRA coverage for certain eligible employees and their dependents. It provides up to 6 months of free COBRA coverage for Assistance Eligible Individuals, a special COBRA enrollment window, and new notice obligations.
Premium Subsidy for Assistance Eligible Individuals
One of the major provisions includes a new premium subsidy equal to 100%...
