As with most laws, the devil is in the details. The ARRA better known as Economic Stimulus Bill includes provisions designed to give relief to workers who have or will lose their jobs during the period from September 1, 2008 through December 31, 2009. This assistance is with healthcare coverage under COBRA. All employers need to be aware of deadlines, procedures and various recordkeeping and administrative requirements that must be followed to conform to the law.
2009 / 2010 changes have immediate impact! BLR legal editors have compiled this compliance focus report to summarize key terms and provisions complete with Q&A, and key date calendar. In 8 simple steps you will find the help to get through the complexity, keep your company in compliance and make sure you know just how to take your payroll tax credit .
Topics discussed in the report include:
What is the American Recovery and Reinvestment Act of 2009 (ARRA) better know as the Economic Stimulus Bill
How does ARRA change the COBRA coverage I must provide and the company financial obligation
When is an individual qualified for assistance
Federal and State COBRA – what is the rule
Payment and Reimbursement rules
What notices must be issued, when and how
Recordkeeping requirements
Includes: Sample letters and forms
Be clear on all the deadlines right through September 30, 2010!
The changes to COBRA, while not permanent, are immediate and monumental let BLR help you through this challenge. Download your report today—put your revised COBRA administration into action!