The deadline to send a new COBRA notice required under the American Rescue Plan Act of 2021 (ARPA) is approaching quickly. Employers and COBRA administrators will need to send those notices no later than September 15, 2021, to satisfy that obligation.
Under ARPA, certain COBRA qualified beneficiaries are entitled to subsidized COBRA coverage through September 30, 2021. Employers and COBRA administrators have been dealing with the administrative intricacies of ARPA for several months now.
ARPA requires plan sponsors and administrators to provide a “Notice of Expiration of Premium Assistance” to Assistance Eligible Individuals (“AEIs”) at least 15 days, but not more than 45 days, before their COBRA premium assistance expires.
*If you have any former employees enrolled in COBRA under the ARPA guidelines you will need to download and send the Notice of Expiration of Premium Assistance to these employees. Be sure to note the changes to the form that need to be made appear in [brackets].*
If you have a COBRA administrator they will send this notice on your behalf. If you are not sure if you have a COBRA administrator and/or would like to add this service please reach out to us.
Contact: cobra@simparahr.com
