Following enactment of the American Rescue Plan Act (ARPA), the Internal Revenue Service (IRS) addressed issues with respect to COBRA premium assistance for COBRA continuation coverage under the ARPA in Notice 2021-31, 2021-23 IRB 1173. This new notice 2021-46, supplements Notice 2021-31 and addresses additional issues.
Premium Assistance for COBRA Benefits Part III: N-2021-46 (irs.gov)
Savoy will provide additional information upon completing a review of Notice 2021-46.
If you have any questions, please contact your Ascela Client Services Team.