 |
COBRA Subsidy Eligibility Period Expires - ARRA Notices
No Longer Apply
On June 1, 2010, the eligibility period to qualify for COBRA premium reduction under ARRA (as extended
by the Continuing Extension Act of 2010) expired. Consequently, employers and plan administrators are
not required to provide subsidies for COBRA premiums to workers terminated
on or after June 1, 2010,
unless and until a further extension of the ARRA COBRA subsidy is enacted.
Model Notices for
Use On or After June 1, 2010
Employers and administrators should note that a further
extension of the COBRA premium reduction under ARRA may
still occur. However, with no further extensions,
employers and administrators should use the
Model General Notice and
Model Election Notice provided by the DOL, for
workers who are terminated on or after June 1, 2010.
Remember, involuntary terminations that occurred at any
time from September 1, 2008, through May 31, 2010 may
have been qualifying events entitling such terminated
workers to COBRA premium reductions and applicable
notices. Individuals are encouraged to seek assistance
regarding Notice Requirements by calling the Employee
Benefits Security Administration toll-free at
1-866-444-3272.
|
| Copyright
© 2010
Ascentis. All rights reserved. |
|