President Obama is today expected to sign the Hiring Incentives to Restore Employment (HIRE) Act, which in its final form passed The House of Representatives 217-201 on March 4 and the Senate 68-29 on March 17. Click here to download the final version of the HIRE Act. Key provisions of the HIRE Act include: An exemption … Continue Reading
Yesterday the U.S. Senate voted 70-28 to approve the Hiring Incentives to Restore Employment (HIRE) Act, a $15 billion bill aimed at creating jobs, helping small businesses, and rebuilding public infrastructure. However, the bill does not include a further extension of the current COBRA subsides for unemployed workers, nor does it increase funding for state … Continue Reading
Today the Department of Labor expanded its FAQs on the COBRA subsidies included in the American Recovery and Reinvestment Act of 2009 (ARRA). Click here to read the DOL’s new COBRA FAQs. Wondering what the tax implications of the subsidy are, or whether the person asking for the subisidy is truly eligible? Click here to read … Continue Reading
The Department of Labor has published four model notices to help employers, plans and individuals comply with the notice requirements of the COBRA subsidy provisions of the American Recovery and Reinvestment Act of 2009 (ARRA). Each model notice is designed for a particular group of qualified beneficiaries and contains information to help satisfy ARRA’s notice provisions. Click … Continue Reading
The Department of Labor’s Employee Benefits Security Administration has posted answers to 10 frequently asked questions regarding the COBRA subsidies included in the new stimulus package. Most relate to individual claims for the subsidy, but the information may be helpful to employers as well. For more information about the subsidy, click here to read our coverage … Continue Reading
The Department of Labor’s Employee Benefits Security Administration has just released a salvo of new forms and information on the COBRA subsidy. Click on the titles below to download: COBRA Premium Reduction Fact Sheet Job Loss Poster (8½" x 11") Loss Poster (11" x 17") Flyer for Employers • Flyer for Employees COBRA Continuation Health Coverage FAQs for Employees … Continue Reading
