Under the American Rescue Plan Act of 2021 (“ARPA”), employers will be required to provide COBRA premium assistance to Assistance Eligible Individuals (and their qualified beneficiaries) who are eligible for COBRA as a result of an involuntary termination of employment or reduction in hours. The premium assistance applies to periods of health coverage on or after April 1, 2021 through September 30, 2021. An employer or plan to whom COBRA premiums are payable is entitled to a tax credit for the amount of the premium assistance.
The Department of Labor recently released Model Notices and Frequently Asked Questions related to the ARPA Cobra premium assistance, which can be found here: https://www.dol.gov/agencies/ebsa/laws-and-regulations/laws/cobra/premium-subsidy.
If you have additional questions related to the ARPA COBRA premium assistance, or need other HR assistance, please contact HR Partners at 785-233-7860.
Ross T. Hendrickson
MRH Insurance Group, Inc.
"I want to thank you and your team again at HR Partners for your amazing work in securing a high-quality Customer Service Representative (CSR) for our Topeka MRH Insurance Group office.
Without a doubt, if it were not for your company’s ability to understand the different paths to communicate our need, we would not have been successful in securing, in our opinion, the very best CSR in Topeka. HR Partners was instrumental in providing the strategy to secure such an individual for our company and my workings with each and every member of your team was professional and impressive.
I shall ever be grateful for your assistance in helping our company grow in Topeka and northeast Kansas by securing the right MRH Team Member for our operation."