AMERICAN RESCUE PLAN ACT CONTAINS MANY EMPLOYEE BENEFITS RELATED PROVISIONS
Benefits Notes
MARCH 31, 2021
On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (the “ARPA”) into law. All group health plans that provide major medical benefits subject to federal COBRA rules are subject to the ARPA COBRA rules. Subsidized COBRA. The ARPA contains several new rules which impact COBRA benefits. Tax Credit.
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