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New COBRA Subsidy Requires Quick Action by Plan Sponsors

Mar 23, 2021

The American Rescue Plan Act of 2021 (ARPA), signed by President Biden on March 11, 2021, includes a number of provisions designed to assist workers impacted by the COVID-19 pandemic. Among them is a new COBRA premium subsidy that pays for 100 percent of the applicable COBRA premium for eligible individuals with respect to coverage periods beginning April 1, 2021 and ending Sept. 30, 2021. (Read More)

Article By: John C. Godsoe © Bond, Schoeneck & King

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