The American Recovery and Reinvestment Tax Act of 2009 (ARRA) impacts all employers subject to COBRA guidelines. The new ARRA requirements include paying a 65 percent government subsidy to employees who are involuntarily terminated between September 1, 2008 and December 31, 2009.
Although the act has altered the way COBRA must be administered, our program is already up-to-date with new guidelines and ready to keep you compliant. Our Premium Service Pack contains all of the 2009 ARRA modifications with added COBRATrak functionality.
Premium Service Pack includes:
Notifications
- New ARRA Compliant Initial COBRA Rights Notices
- New ARRA Compliant Qualifying Event Notices
- New ARRA Compliant Election Forms
- New ARRA Application for Premium Subsidy
- New ARRA Notification of Eligibility for Alternative Coverage
- New ARRA Billing Statements for COBRA Participants
- New Severance Agreement Billing Statements for COBRA Participants
COBRATrak Knowledge Base Enhancements
- New COBRA Guide Online - COBRA Content Research Tool including State Continuation guidance
(Provided in Partnership with Wolters Kluwer CCH) - New COBRA Handbook Online - The Definitive Source for COBRA issue and answer Resolution
(Provided in Partnership with Wolters Kluwer CCH) - New COBRA Guide Connections Newsletter Online - Timely COBRA news you can use
(Provided in Partnership with Wolters Kluwer CCH)
- New COBRA Guide Online - COBRA Content Research Tool including State Continuation guidance
New ARRA Qualifying Event Submission Utility (Involuntary/Voluntary Termination Support)
- New Severance Agreement Utility (ARRA or non-ARRA)
- New Reports Suite Including -
- Individual COBRA Participant ARRA Reporting
- ARRA Reporting By Plans
- ARRA Remittance Reporting
- ARRA Eligibility Reporting
- ARRA 941 Payroll Tax Credit Report (Backup For 941 Tax Filing)
Support Services
- Premium Collection and Remittance
- New ARRA Remittance Statements
- New ARRA Compliant COBRA Participant Billing Statements
- New ARRA Phone Support including Dedicated ARRA Hotline with Interactive Voice Response (IVR)
- Premium Collection and Remittance
As the details of this new regulation continue to unfold, rest assured that our team will work diligently to meet the requirements and timelines associated with ARRA. If you have any questions about ARRA or COBRATrak, e-mail or call 1-800-442-6272, option 1.
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