Missed Our Recent COBRA Webinar? Listen to the Recording
Webinar Recording:
COBRA Premium Subsidy: Action Steps Required to Avoid Problems
Under the recent economic stimulus act, virtually every employer that maintains a health plan, including small employers that are not subject to federal COBRA rules but are subject to a state law continuation of medical coverage requirement, must comply with new COBRA premium subsidy rules. Potentially eligible individuals must be identified and notices must be distributed by April 18, 2009.
It is critical that employers understand the requirements and steps that are needed given the following:
- the immediate cash flow demand on many employers;
- the discretion that has been granted to the Department of Labor to hear appeals;
- the ongoing and extensive documentation requirements and risk of audit; and
- the substantial penalties for failure to comply.
Ann Caresani, Mike Underwood and Jim Prior from Porter Wright, along with Sean Kelley from BGS Associates discussed the impact of the stimulus on COBRA on April 1, 2009.
If you were unable to participate in the webinar, we invite you to listen to the recording by clicking on the link below. We hope you find it helpful.
Webinar Recording:
COBRA Premium Subsidy: Action Steps Required to Avoid Problems
