|Last month Congress passed the American Rescue Plan Act, which provides 100% COBRA subsidies from April 1 to September 30 of 2021. Today the Department of Labor released guidance and model notices that determine how the COBRA subsidies will be administered.
The DOL’s Employee Benefits Security Administration posted the following:
· COBRA Premium Subsidy dedicated page
· Five Model Notices: General Notice and Election Notice, Notice in Connection with Extended Election Period, Alternative Notice, Notice of Expiration of Premium Assistance and Summary of the COBRA Premium Assistance Provisions
NAHU will provide a review of the COBRA guidance in this Friday’s Washington Update along with a Compliance Corner webinar on April 29.