Covid-19 | Employer Resources
Read the latest information to see how rule changes could impact your benefits.See our response for members
April 16, 2021
American Rescue Plan Act Update
On April 7, 2021, the DOL released guidance in the form of Frequently Asked Questions regarding the COBRA subsidy, as well as model notices that can be used when administering ARPA’s COBRA subsidy requirements. The DOL’s guidance includes:
FAQs about COBRA premium assistance under the American Rescue Plan Act: PDF
Model General Notice and COBRA Continuation Coverage Election Notice: PDF
Model Notice in Connection with Extended Election Period: PDF
Model Alternative Notice: PDF
Model Notice of Expiration of Premium Assistance: PDF
Summary of COBRA Premium Assistance Provisions under the American Rescue Plan Act of 2021: PDF
View our full compliance alert here. And take time to review the resources above to stay informed about ARPA and the COBRA Subsidy.
HealthEquity will continue to stay abreast of this topic and – as additional guidance is available – we will advise accordingly.
March 3, 2021
EBSA Disaster Relief Notice 2021-01
On February 26, 2021, the US Department of Labor (DOL) released Employee Benefits Security Administration (EBSA) Disaster Relief Notice 2021-01 providing further guidance with respect to certain plan deadlines occurring during the COVID-19 National Emergency period.
In coordination with the Department of Health and Human Services and the Internal Revenue Service, the DOL interprets the one-year maximum period is to be applied on a person-by-person basis. In short, the one-year period is calculated with respect to each member’s specific expiration date.Click for more
There have been a lot of changes during this past year as the nation deals with COVID-19. This list will hopefully help you find the answers you need regarding your health accounts and the recent changes.
Have more questions? Contact us.