The American Recovery & Reinvestment Act of 2009, also known as the Economic Stimulus Package has made sweeping changes to COBRA. The Act applies to both federal and state continuation laws. The changes were effective February 17, 2009 with an implementation date of March 1, 2009. Changes include but are not limited to an employer’s requirement to provide a subsidy to employees on their COBRA premiums; changes to enrollment provisions; additional notice requirements for plan administrators and new filing requirements for employers on their payroll tax returns.
Please contact me if you need help with this new and complicted facet of this law. www.TheWhitfordGroup.com
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