The DOL has announced the publication of model COBRA notices designed to satisfy the new requirements resulting from the enactment of the American Recovery and Reinvestment Act of 2009.
Document Excerpt
The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) created the health care continuation coverage provisions of title I of the Employee Retirement Income Security Act of 1974 (ERISA), the Internal Revenue Code (Code), and the Public Health Service Act (PHS Act). These provisions are commonly referred to as the COBRA continuation provisions, and the continuation coverage that they mandate is commonly referred to as COBRA continuation coverage. Group health plans subject to the COBRA continuation provisions are subject to ARRA’s premium reduction provisions, notice requirements, and an additional election period.
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