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 […]
COBRA allows individuals to temporarily continue their employer-sponsored health care coverage when certain qualifying events occur that would otherwise end the coverage. So who qualifies for COBRA and when? What Is COBRA? The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) was signed into […]