Compliance News | September 8, 2021
On September 30, 2021, the six-month federally financed COBRA subsidy covering the full COBRA premium for eligible individuals that was included in the American Rescue Plan Act of 2021 will expire. By September 15, sponsors of group health plans must send a notice of the expiration of premium assistance to all participants who are receiving the COBRA subsidy.
The notice must include this information:
This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.
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