Some Family Members May Not Be Eligible for the ARPA COBRA Premium Subsidy
By EsqSocial Corporation 24/03/21
The American Rescue Plan Act of 2021 (“ARPA”) includes a 100% COBRA premium subsidy for “assistance eligible individuals,” for periods of coverage occurring between April 1, 2021 and September 30, 2021, as described in earlier blog posts. An “assistance eligible individual” is any COBRA “qualified beneficiary” who loses group health coverage on account of a covered employee’s reduction in hours of employment or involuntary termination of employment. However, the subsidy is not available if the...
By: Proskauer - Employee Benefits & Executive