The American Rescue Plan Act (ARPA) passed during the COVID pandemic created a 100% COBRA premium subsidy for certain individuals entitled to COBRA. To be eligible for the subsidy, the COBRA qualified beneficiary must have had a qualifying event that was a reduction in hours or involuntary termination of employment, elected COBRA, elected to be considered an assistance-eligible individual, and not been eligible for other group health coverage or Medicare.
The premium subsidy ended September 30, 2021 and after that date, plans were again permitted to collect the full COBRA premium amount for those who had been receiving the ARPA subsidy.
Cobra Control Services (CCS) had retained the involuntary termination/voluntary termination election designation screen in MyEnroll360’s qualifying event letter module in the event the designation had to be re-implemented at a future date. Since some time has passed without reimplementation, the designation screen has been removed. Employers will now select the “termination of employment” qualifying event option without designating the voluntary status of the event.
If you have questions about the qualifying event letter module in MyEnroll360, contact your account manager or info@cobracontrol.com.
Benefit Allocation Systems (BAS) provides best-in-class, online solutions for: Employee Benefits Enrollment; COBRA; Flexible Spending Accounts (FSAs); Health Reimbursement Accounts (HRAs); Leave of Absence Premium Billing (LOA); Affordable Care Act Record Keeping, Compliance & IRS Reporting (ACA); Group Insurance Premium Billing; Property & Casualty Premium Billing; and Payroll Integration.
MyEnroll360 can Integrate with any insurance carrier for enrollment eligibility management (e.g., Blue Cross, Blue Shield, Aetna, United Health Care, Kaiser, CIGNA and many others), and integrate with any payroll system for enrollment deduction management (e.g., Workday, ADP, Paylocity, PayCor, UKG, and many others).