COBRA

Companies Outsource 40% of Their Benefits Functions

New Survey Results—Companies Outsource 40% of Their Benefits Functions

Cara McMullin
 

A new survey report from the International Foundation of Employee Benefit Plans reveals the operations and staffing practices of corporate benefits departments across the United States. Key findings from Corporate Benefits Departments: Staffing include outsourcing strategies, the greatest challenges facing benefits departments, […]

It’s Coming—The End of the COVID-19 Emergencies

Amanda Wilke
 

After nearly three years, the time has finally come. The Biden administration announced that both the COVID-19 national emergency (NE) and the public health emergency (PHE) will end on May 11, 2023. Now it’s time for employers to prepare to unwind the […]

How Do Multiemployer Plans Claim COBRA Premium Assistance Credit?

How Do Multiemployer Plans Claim COBRA Premium Assistance Credit?

Jenny Gartman, CEBS
 

​The Internal Revenue Service (IRS) has issued Notice 2021-31 which provides guidance for multiemployer plans and plan administrators regarding the new credit available to them for providing continuation health coverage to certain individuals under COBRA. We summarized the COBRA changes under American […]

DOL Releases Model Notices for COBRA Subsidy Under the American Rescue Plan Act of 2021

DOL Releases Model Notices for COBRA Subsidy Under the American Rescue Plan Act of 2021 (ARPA)

Jenny Gartman, CEBS
 

​Thirty-five years ago this month, the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) was signed into law. COBRA provides a way for workers and their families to temporarily maintain their employer-provided health insurance during situations such as job loss or a […]

American Rescue Plan Act of 2021 and COBRA Subsidies

American Rescue Plan Act of 2021 and COBRA Subsidies

Anne Newhouse
 

The American Rescue Plan Act of 2021 (ARPA) passed by Congress and signed by President Biden on March 11, 2021 contains various employee benefits provisions, including premium assistance for participants of group health plans through the Consolidated Omnibus Budget Reconciliation Act of […]