The American Rescue Plan (ARPA) may impact your business and your employees; we're here to help!
The American Rescue Plan Act (ARPA) includes new Federal mandates that may impact your business and formerly full-time employees. The new law provides tax credits for the full cost of COBRA or State Continuation coverage for certain individuals. Employers have requirements to notify qualified individuals of eligibility for the subsidies. Below is an FAQ related to the new subsidies.
Who is eligible for the APRA COBRA Subsidies?
Employees that have lost group medical coverage due to a reduction of hours OR an involuntary job loss. The subsidy does NOT apply to: