In March 2021, the American Rescue Plan Act (“ARPA”) was enacted, creating a federal subsidy that fully covered COBRA premiums for qualified beneficiaries. These subsidies will end on September 30, 2021.
By now, employers have heard through the proverbial grapevine that that employees are entitled to COBRA continuation health coverage subsidies under the American Rescue Plan Act of 2021 (“ARPA”). What many employers do not know, however, are the ARPA’s less glamorous—but equally critical—details.