What employers need to know about the COBRA premium subsidy provisions of the American Rescue Plan Act
By EsqSocial Corporation 22/03/21
The recently passed American Rescue Plan Act of 2021 (the “Act”) offers workers who lost health insurance due to involuntary termination of employment or a reduction in hours (and their eligible family members) a 100% COBRA premium subsidy for up to six months. Employers will need to swiftly take action to implement the Act’s COBRA subsidy provisions, and to claim related tax credits to offset COBRA premium costs....
By: Thompson Coburn LLP