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COBRA

Employee Benefit Considerations When Making Workforce Modifications

December 9, 2022 by Catherine Nagle

The Bottom Line Employers should work closely with ERISA counsel to ensure that employee benefit plans (e.g., non-qualified deferred compensation plans, health and welfare plans, and 401(k) plans) are being administered correctly as they make changes to their workforce.Employers should work with Continue Reading

Alert - December 9, 2022

IRS Provides Much Needed Guidance on COBRA Premium Subsidy

May 27, 2021 by Patrick Quinn

The Bottom Line ARPA’s COBRA subsidy presents a number of complicated administrative issues that employers, plan sponsors and administrators, and insurers alike should consider. In particular, there are a number of nuances to how the Notice may impact plan sponsors.Plan sponsors should consult with Continue Reading

Alert - May 27, 2021

COBRA Changes Under the American Rescue Plan Act of 2021

March 17, 2021 by Patrick Quinn

The Bottom Line The American Rescue Plan Act of 2021 requires employers to provide new or updated notices to qualified individuals about the availability and expiration of newly created COBRA subsidies.Plan sponsors should work with their COBRA administrators and ERISA counsel to understand their Continue Reading

Alert - March 17, 2021

Regulators Clarify COVID-19 Relief Deadline Extension

March 8, 2021 by Patrick Quinn

The Bottom Line The newly issued Notice could be quite difficult to apply in practice for plan sponsors and third party administrators, as it requires a plan sponsor and its third party administrators to track each participant’s or beneficiary’s tolling period from the date he/she became entitled Continue Reading

Alert - March 8, 2021

Group Health Plans: Regulators Extend Deadlines During the COVID-19 Crisis

May 6, 2020 by Patrick Quinn

The Bottom Line The Notice provides important guidance and relief for group health plan sponsors and plan participants in light of the COVID-19 pandemic.The regulators have hit the pause button on many of the employee benefit plan timeframes during the period of the COVID-crisis.Since the guidance Continue Reading

Alert - May 6, 2020

Health and Welfare Considerations for Plan Sponsors Amid the COVID-19 Pandemic

April 2, 2020 by Patrick Quinn

The Bottom Line Employers should work closely with their ERISA counsel to ensure that their obligations with respect to health and welfare plans continue to be fulfilled, and that they are taking the appropriate steps to protect their employees and plans. As employers make changes to their Continue Reading

Alert - April 2, 2020

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