Employers News & Insights: Premium Assistance for COBRA Benefits Notice 2021-31
June 2, 2021
It is imperative from a compliance standpoint for employers to understand the Act's new COBRA subsidy provisions, specifically, the meaning of "reduction in hours" of a covered employee's employment, or "involuntary termination" of employment for purposes of determining assistance eligible individuals.
Please find the formal publication at : N-2021-31 (irs.gov)
We at Custom Results Corporate Consulting are available to assist with expert consultation and advice surrounding your compliance and employee benefits administration needs.
Please do not hesitate to reach out with any questions you may have directly at: 248.963.8627
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At Custom Results, we want to eradicate complicated, difficult-to-understand employee benefits services. Contact us today for a free consultation. There’s never any pressure, and you’re sure to come away with vital insider knowledge that helps you make the right choice.
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