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Everything You Need to Know About the American Rescue Plan Act & the COBRA Premium Subsidy

CorpStrat

On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021, or ARPA. trillion in federal stimulus which includes a handful of items directly affecting employers and their employees. For self-insured plans and insured plans subject to federal COBRA, the employer will receive the tax credit.

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Recent Stimulus Proposal from Biden Administration Could Expand COBRA and ACA Subsidies

AssuredPartners

In a January 14, 2021 Fact Sheet entitled the American Rescue Plan , the Biden Administration announced their intent to expand healthcare coverage as a result of the still ongoing COVID-19 pandemic. The pandemic has of course added to the prevalence of such a scenario.

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Minimum wage debate hots up as workers reluctant to join back

HR Digest

The Federal government stepped in with stimulus packages to tide over people facing difficulties. With the Covid-19 roll back, things are limping back to normal. trillion American Rescue Plan signed by President Joe Biden in March amounts to an extra $300-per-week. to $15 is raging on.