May 31, 2021 Notice Deadline Approaching for New COBRA Subsidy Relief

The American Rescue Plan Act of 2021 (“ARP”) includes a 100% COBRA temporary subsidy for certain eligible individuals (“Assistance Eligible Individuals”) who lost health care coverage due to an involuntary termination of employment or a reduction in hours.  As we previously discussed in our blog titled “New COBRA Subsidy Available April 1, 2021,” the ARP …

Hey Employers, Can You Prove You Don’t Owe Multiemployer Fringe Fund Contributions?

Employers who sponsor employee benefits programs understand the importance of maintaining accurate records of benefit eligibility, elections, claims, payments, and other data.  Besides complying with ERISA’s record keeping requirements, keeping accurate benefit records is simply a prudent business practice.  In recognition of this, employers retain outside service providers such as consultants, third party administrators, insurers, …

What the American Rescue Plan Means for Employers

The American Rescue Plan (ARP) provides $1.9 trillion dollars in economic stimulus for individuals, certain companies, and municipalities. This blog focuses specifically on what the ARP means for employers. First Coronavirus Response Act (FFCRA) As of January 1, 2021, employers who were originally covered under the FFCRA (employers with fewer than 500 employees) were no …