Recently, Corporate Synergies held Webinars to help HR professionals understand the American Recovery and Reinvestment Act of 2009 (ARRA) and how it made significant changes regarding COBRA administration. This Webinar included feature speaker, Karen L. Kirkpatrick from Infinisource.
HOW DOES THIS AFFECT YOU AS AN EMPLOYER?
Topics that were covered during this program included:
- What is the American Recovery & Reinvestment Act of 2009?
- Key provisions
- Revised COBRA Requirements
- Commuter Expense Benefit Plan
- CHIP(RA) & Group Health Plans
- HIPAA Privacy & Security
- Tax Withholding Impact
- Challenges Facing Employers
During the two Webinars that were held many questions were asked, and as promised, the data was compiled. Click here to obtain a copy of the COBRA/ARRA Webinar Questions & Answers.
WHAT SHOULD I DO NEXT?
COBRA provides certain former employees, retirees, spouses, former spouses and dependent children the right to temporary continuation of health coverage at group rates. COBRA generally covers health plans maintained by private-sector employers with 20 or more full and part-time employees. It also covers employee organizations or federal, state or local governments. It does not apply to certain religious entities and organizations. The new COBRA subsidy provisions also apply to insurers required to offer continuation coverage under state law similar to the federal COBRA.
More information about COBRA and the new law is available on www.dol.gov. If you have any additional questions regarding the information within this eCommunication, please call Corporate Synergies at 1.866.CSG.1719 or click here to contact us today.
This alert is a legislative update designed to help you administer your employee benefits program and is not legal counsel. Please consult with an attorney for legal advice.
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