On April 7, 2021, the Department of Labor (DOL) issued the much awaited COBRA Model Notices required under the American Rescue Plan Act of 2021 (ARPA), implementing the 100% COBRA Subsidy for eligible individuals. In order to assist plan sponsors with implementing the subsidy as required under the ARPA, the DOL has established a dedicated COBRA Subsidy web page. Additionally, FAQs are available here.
- General Notice and Election Notice
- Notice in Connection with Extended Election Period
- Alternative Notice
- Notice of Expiration of Premium Assistance
- Summary of the COBRA Premium Assistance Provisions
Please review our Advisor on the COBRA Subsidy. We will provide additional information and commentary in the coming days.
This information is general and is provided for educational purposes only. It is not intended to provide legal advice. You should not act on this information without consulting legal counsel or other knowledgeable advisors.