FAQs about American Rescue Plan’s COBRA
April 13, 2021
On April 7, 2021, the U.S. Department of Labor (DOL) issued frequently asked questions relating to the Consolidated Omnibus Budget Reconciliation Act of 1986 (COBRA) premium assistance provisions of the American Rescue Plan Act (ARPA). Key takeaways from this article include coverage being retroactive, violations are subject to penalty, and family members may newly elect COBRA.
Employers are encouraged to review the FAQ to ensure compliance with the ARPA.
Important Dates to Follow:
Thursday, April 1st, 2021 – ARP COBRA subsidy began
Thursday, September 30th, 2021 – ARP COBRA subsidy ends