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Employers Have Until May 31, 2021 to Provide Notice of COBRA Subsidy in American Rescue Plan Act

April 2021
Employment Law Notes
On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA). One of the ARPA provisions provides for a 100-percent COBRA subsidy and additional COBRA enrollment rights for employees (and their families) who lost employer-sponsored health coverage as a result of an involuntary termination of employment or a reduction of hours. Because of the notice requirements in the ARPA regarding the new COBRA subsidy program, employers will need to act promptly to comply with the May 31, 2021, deadline. […]