Employer COBRA subsidy

On May 18, 2021, the IRS issued the COBRA subsidy guidance we’ve all been waiting for. Notice 2021-31 provides guidance on employer tax breaks under the American Rescue Plan Act (ARPA) for continuation health coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 (...

Last week, benefits compliance attorney Marilyn Monahan presented a webinar on “COBRA in the time of COVID-19.” And one topic came up that deserves more attention regarding employer COBRA subsidies. Layoffs, unfortunately, have become part of the pandemic reality. And, for impacted em...