STIMULUS GUIDANCE for EMPLOYERS

Understanding the New COVID-19 Stimulus Law on Health Coverage Provisions

There is no greater focus today than on how business leaders manage their workforces, mitigate risk and position themselves for financial stability and future growth post-pandemic. OneDigital is your partner in managing for long-term success during these turbulent times. Utilize this resource to help blunt the crisis’ impact on your business, now.

Stimulus Information for Businesses

PODCAST

The American Rescue Plan Act (ARPA) of 2021 and COBRA Premium Subsidies

Many leaders and plan managers are feeling frustrated, trying to interpret and understand the requirements to determine what is being asked of them today. Our compliance leaders discuss the latest updates, action items and timeframes known today. While there is plenty of information in this 600-page law, but they focus on the items that impact employers. The biggest takeaway right now? Don’t panic and stay tuned for additional guidance.

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INFOBRIEF & TOP QUESTIONS

American Rescue Plan Act of 2021

In the first sweeping legislation for the new 117th Congress, H.R.1319, a $1.865 trillion-dollar COVID-19 relief bill, becomes law. Download the InfoBrief for a complete breakdown of the specific areas that impact employers and employee benefits.

Download InfoBrief

Employers’ Top COBRA Subsidy Questions Under the American Rescue Plan Act of 2021

Among other provisions, ARPA includes a 100% COBRA subsidy for up to six months for individuals who lost health coverage because of involuntary termination or reduction of hours during the pandemic. It also provides an extended election period for those eligible to receive the subsidy but did not initially elect COBRA or let their COBRA coverage lapse.

The Internal Revenue Service and Department of Labor are planning to issue guidance to clarify implementation procedures in the near-term future. In the meantime, review the top APRA COBRA-related questions coming in from employers.

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CARES Act Frequently Asked Questions

 

ACCESS COMPLETE COVID-19 EMPLOYER FAQ

Stimulus Guidance

MORE STIMULUS GUIDANCE

Need additional guidance? Connect with OneDigital’s COVID-19 Response Support Team.

Complete and submit the form with your COVID-19 benefits, human resources, preparedness, response and risk management questions and one of our Advisory Response team members will get you the support you need, or browse an interactive index of frequently asked questions on coronavirus and business challenges and discover actionable solutions from our OneDigital experts.

Current OneDigital customers are encouraged to contact their local advisory teams for personalized and strategic response guidance.

Please do not enter personal or health information that would be considered sensitive, confidential or private such as social security numbers or other personal identification.

Legal Disclaimer: The statements made herein are based on current and publicly available information, are informational only, are not legal advice, and no attorney-client privilege is created by OneDigital. Because the information surrounding COVID-19 and the governmental response to it is constantly changing, the information provided may quickly become outdated. OneDigital makes no express or implied representations or warranties arising by law or otherwise, all of which are expressly disclaimed.

Stimulus Guidance Advisory

James Battmer Chief Investment Officer, OneDigital Retirement + Wealth

Carrie Balicki VP of Client Services

Annette Bechtold Senior Vice President of Regulatory Affairs & Compliance
Camry Blaising Senior Vice President of Operations

Julie Cape Executive Vice President of Client Services, Enterprise & Select

Bill Carew Chief Operating Officer
Jeff Gentile
Jeff Gentile National Practice Leader, Global Benefits Consulting

Pete Gruenberg Executive Vice President, Northeast & Southeast Region

Mark Juneau VP of Global Benefits
George Papagelis VP, Client Strategy and Solutions

Chris Thurin Executive Vice President of Organic Growth

Tom Wimer National Human Resources Consulting (HRC) Practice Leader

We encourage organizations to seek guidance from health agencies, including the Centers for Disease Control (CDC) and the World Health Organization (WHO), as well as local government entities for a comprehensive and timely view of the current state of the virus as well as information on prevention.

The information contained here and the statements expressed are a general nature and are not intended to address the circumstances of any particular or individual entity. This advisory hub is made available by OneDigital for educational purposes only. Please consult with your local advisory team member for advice specific to your situation.