Topic
COBRA
146 published works
Compensation & Benefits Blog
Calculating the ARP COBRA Premium Subsidy Tax Credit
By Roberta Chevlowe, Katrina McCann, Mary Grace Richardson
On May 18, 2021, the IRS released Notice 2021-31 (the “Notice”) providing guidance on the temporary 100% COBRA premium subsidy under the American Rescue Plan Act of 2021 (“ARP”), summarized…
Compensation & Benefits Blog
A Word from the IRS on Involuntary Terminations of Employment for Purposes of the ARP COBRA Premium Subsidy
By Paul M. Hamburger, Roberta Chevlowe, Katrina McCann, Joshua E. Stephens
One important question that arises when determining whether an individual is eligible for the COBRA premium subsidy under the American Rescue Plan Act of 2021 (“ARP”) is whether the employee…
Carmody @ Work
New IRS Guidance on the COBRA Subsidy: Questions Answered
By Mark Williams, Timothy S. Klimpl
The IRS recently issued FAQs regarding the temporary, 100% COBRA subsidy created by the American Rescue Plan Act of 2021 (“Rescue Plan Act”). This subsidy is available to “Assistance Eligible…
Compensation & Benefits Blog
All Good Subsidies Must Come to an End, Part II: The IRS Adds Some Nuances
In an earlier post we reviewed the end dates for the ARP COBRA premium subsidy provided by the American Rescue Plan Act of 2021 (“ARP”), and addressed the required expiration…
Benefit Notes
IRS Releases Guidance on Premium Subsidies for Continuation Coverage under COBRA
On May 18, 2021, the Internal Revenue Service (IRS) released much-anticipated guidance on premium subsidies for continuation coverage under Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) provided by the…
Employer Law Report
Reminder: Employers must send COBRA Extended Election Notice by May 31, 2021
As we previously reported, the American Rescue Plan Act provides for a temporary 100 percent subsidy of the cost of premiums for COBRA continuation coverage for an employee or dependent…
Compensation & Benefits Blog
Guide to New IRS Guidance on COBRA Premium Subsidy
By Paul M. Hamburger, Roberta Chevlowe, Jennifer Rigterink
On May 18, 2021, the IRS released Notice 2021-31, which provides implementation guidance on the COBRA premium subsidy available under the American Rescue Plan Act of 2021 (ARP). As discussed…
Ogletree Deakins Insights
The New IRS COBRA Subsidy Guidance: Key Takeaways for Employers
By Publisher, Kristine M. Bingman, Randle B. Pollard, Hillary M. Sizer
The American Rescue Plan Act of 2021 (ARPA) implemented a 100 percent COBRA subsidy for certain qualified beneficiaries beginning on April 1, 2021, and ending September 30, 2021. On May…
Benefits Law Update
ARPA Premium Subsidy: Long-Awaited Details Finally Arrive
The IRS recently issued Notice 2021-31, which provides much sought-after detail regarding the contours and operation of the temporary premium subsidy for COBRA continuation coverage available through the American Rescue…
Benefits Law Advisor
IRS Provides Clarity on ARPA COBRA Subsidy Impact on State “Mini-COBRA” Plans
By Joy M. Napier-Joyce, Brian M. Johnston
In our most recent summary of IRS Notice 2021-31, we noted the Internal Revenue Service provided much-needed clarity to looming compliance challenges as employers, insurers, and others race to implement…