Over the weekend the Senate narrowly voted to pass the latest $1.9T Covid-19 relief bill, titled American Rescue Plan Act of 2021. The House is anticipated to vote and pass the bill as soon as this Tuesday (March 9th) before heading to President Biden’s desk for signature. The bill contains several health insurance-related provisions that are likely to become law in the coming days.
BREAKING: New COBRA Guidelines Issued
On April 29, 2020, the U.S. Departments of Labor (Employee Benefits Security Administration, “EBSA”) and Treasury (IRS) published a final regulation, and EBSA issued a package of guidance and relief, for employee benefit plans affected by the COVID-19 outbreak. New rules regulating COBRA and the offer of coverage to those laid off or who experienced a loss of coverage are impacted. Please read below:
