The American Rescue Plan (ARPA) may impact your business and your employees; we’re here to help!

The American Rescue Plan Act (ARPA) includes new Federal mandates that may impact your business and formerly full-time employees.  The new law provides tax credits for the full cost of COBRA or State Continuation coverage for certain individuals.  Employers have requirements to notify qualified individuals of eligibility for the subsidies.  Below is an FAQ related to the new subsidies. 

Who is eligible for the ARPA COBRA Subsidies?

Employees that have lost group medical coverage due to a reduction of hours OR an involuntary job loss. The subsidy does NOT apply to:

  • Individuals whose job loss was voluntary or the result of gross misconduct; or
  • Individuals who are eligible for another group health plan or Medicare.

Are former full time employees that previously declined/discontinued COBRA or State Continuation coverage eligible?

Yes.  Any individual that could still be enrolled had they elected coverage (typically 18 months) is eligible to begin coverage effective April 1, 2021.  This means employees that had lost coverage going back to October 2019 may be eligible for ARPA subsidized COBRA coverage.

What is the duration of the ARPA Subsidies?

The subsidies will begin April 1, 2021 will continue through at least September 30, 2021.  This period does not extend an individual’s coverage period for those who lost coverage 12+ months ago.

Who pays for the COBRA or State Continuation Coverage?

Employers that are subject to federal COBRA laws (generally 20 or more employees) are required to pay for qualified participants COBRA coverage to the insurance company (or self-funded plan) but can take a credit for the full cost of the coverage on a quarterly payroll tax.  This credit is fully refundable and there are options to take the credit in advance.

Qualified participants of employers with fewer than 20 employees that offer medical coverage will have a State Continuation coverage option that the insurance carrier will not bill for and the carrier would submit tax credits for.

What lines of coverage are eligible for the ARPA subsidies?

Medical, Dental and Vision coverage.  FSAs and QSEHRAs are specifically excluded.

What are the employers’ responsibilities?

In addition to proper administration of the COBRA elections, employers are required to comply with the ARPA’s Notice Requirements which include notifying eligible individuals (including those that previously declined COBRA coverage) of the free coverage availability.  Eligible individuals have 60 days from receiving the notice to elect coverage.  We are awaiting a Model Notice from the Department of Labor but in the meantime the attached spreadsheet may be helpful in gathering information that will be necessary for sending the Notices to the eligible participants that lost Medical, Dental or Vision coverage due to a reduction of hours or an involuntary termination sometime since October 1 of 2019.  Employers will also be required to notify employees that elect coverage when the free coverage will expire.

Will my COBRA vendor assist with the notices?

Most Vendors are preparing to assist with the ARPA subsidy notices but the vendor will likely need assistance in knowing which former employees are eligible.

Below you can find a further overview of the ARPA COBRA Subsidies: 

The template link below ” Tracking ARPA COBRA Eligibility” may be helpful for collecting information for those that may be ARPA COBRA Subsidy eligible. We encourage you to download the template for collecting this important information as it pertains to your business

We are awaiting the Model Notices from the Department of Labor, as well as some further guidance on the rules surrounding the new COBRA subsidies, but we felt it necessary to provide pertinent information to you.  We intend on sending a further updates as more information becomes available.

As always, your Team at Acentria Insurance is here to help! Please feel free to reach out with any questions or concerns. Thank you for the continued opportunity to serve you & your company.

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Rob Wagner

Executive Vice President
Southwest Florida Region

Jason Cruse

Executive Vice President
Central Florida Sales

Mitch Weinstein

Partner

As partner of Acentria Insurance, Mitch plays an integral role in mergers & acquisitions. He focuses on seeking out strategic like-minded partners and agencies, across the southeastern United States, to partner and join the Acentria family.

Mitch has over 42 years of business leadership experience that ranges from law enforcement to the finance, healthcare and insurance industries. He was instrumental in developing the nation’s first “at-risk” managed care network for physical and occupational therapy serving the worker’s compensation industry. This network paved the way for a new managed care system, based on incentives.

Mitch is passionate about giving back to the youth of his community. He is an active supporter of the Boys & Girls Clubs of Polk County and believes in helping all young people reach their full potential. He is also the founder of Fallen First Reserve which is a non-profit organization dedicated to financially assisting those family members of First Responders killed in the line of duty and military members killed in action. Mitch also serves on the board for Fund the First.

Mary Lawless

President & Chief Operating Officer

As President and Chief Operating Officer, Mary brings over three decades of industry expertise to Acentria Insurance. With a strong focus on Mergers & Acquisitions, Mary is passionate about partnering with new agencies and leaders to continue the overall upward growth of Acentria. She works in conjunction with the CEO to lead and deliver specialized sales products, services and industry leading capabilities while implementing business and sales strategies to the Acentria sales team and carrier partners. Mary has direct oversight of all operational leaders throughout the entire organizational footprint and is responsible for operational financials and budgets.

She empowers her team members and because of it, is well respected by her peers and those she leads. Since her time with Acentria, Mary’s leadership has contributed to the agency’s exponential growth from 15 to well over 50 locations, increasing employment to over 700 team members, across the southeastern United States. Due to her leadership and contributions to the insurance industry, she has been nationally recognized as one of Insurance Business America magazine’s Elite Women and serves as a valuable member on the Executive Committee for Foundation Risk Partners, Acentria’s parent company. Prior to joining Acentria Insurance, Mary led operations for another national broker. Throughout her tenure, she has held a variety of management positions in Personal Lines, Select Business and Employee Benefits. Mary specializes in agency operations, partnerships and acquisitions and is truly passionate about developing team members to become great leaders.

When not shaping the future industry leaders at Acentria Insurance, Mary enjoys traveling and spending time with her husband, Pat and their family and friends.

Kendall McEachern

Co-Founder

Kendall was a fundamental part of Acentria Insurance. As a co-founder, he brought more than 30 years of industry expertise to Acentria, helping transform the organization into a leading insurance provider. Beloved by team members, carrier partners and clients, he oversaw more than 400,000 insured multi-family units with property values greater than $22 billion, and over four million square feet of commercial office space and real estate buildings. Kendall has received numerous industry awards to include being recognized as a National Top Producer and Agent of the Year by both Insurance Business America and Insurance Journal. Away from the office, he served as chairman for the American Heart Association, actively participated in his church and golfing, watching sports and spending time with his family. Kendall passed away in January of 2021, leaving a lasting legacy on Acentria’s culture, success, industry-wide reputation – and on all of us fortunate to have worked alongside him.

Liz Bevelacqua

Senior Vice President
Personal Lines Sales

Doreen Castro

Senior Vice President
Personal Lines Operations

Jessica Davis

Senior Vice President
Marketing & Branding

Jackie Shaw

Senior Vice President
Commercial Lines

Nathan Marks

Executive Vice President
Northwest Florida and Tallahassee

Alan Florez

Executive Vice President, National Sales

Alan leads new business growth strategies and expansion, guides the development of resources and training for Sales Producers and their partnerships with Carriers. With over 15 years of industry experience, Alan also leads the Acentria Public Risk divisions working with municipalities and government entities for their coverage needs. He was appointed to the Halifax Health Board of Commissioners December 2020 and also serves as an Executive Committee member for our parent company, Foundation Risk Partners.

Previously, Alan served as Governor Jeb Bush’s Deputy Director of Legislative Affairs and Special Assistant. He is a former member of the University of Central Florida Board of Trustees and currently volunteers his time with the Florida Council of 100, Futures Foundation of Volusia County Schools and the Community Foundation of Flagler and Volusia. Alan holds a bachelor’s degree in Political Science from the University of Central Florida.

Brian Stanton

Executive Vice President
West Palm Beach, Fort Lauderdale, Florida Keys

Chris Tolland

Executive Vice President
Northeast Florida Sales

Luke Wolkers

Executive Vice President
Benefits

Eric Austin

Operations Lead
Port St. Lucie & West Palm Beach

Alex Doberstein

Vice President
Benefits Resource Leader

Teresa Fillmon

Vice President
Small Business Unit

Anne Kraus

Vice President
Panhandle of Florida Region

Kevin Mason

Chief Executive Officer & Co-Founder

As Chief Executive Office of Acentria Insurance, Kevin focuses on developing insurance solutions that strengthen Acentria’s presence in the market and its commitment to client-relationships and exceptional service. With over 35 years of industry experience, he specializes in the overall growth of Acentria as is passionate about bringing new talent to the organization both organically and through mergers and acquisitions. Through his leadership and the support of the Executive Leadership team, Acentria Insurance instills a positive corporate culture which has led the agency in being recognized as a leader within our industry as a Top 100 Workplace, Employer of Choice, Best Agency to Work For and several other national and regional accolades.

Before co-founding Acentria Insurance, Kevin served as Branch Manager for another national broker. Kevin holds the prestigious title as an Agent of the Year and five-time National Top Producer. He is also a key member of the Foundation Risk Partners Executive Committee, which is the parent company of Acentria Insurance, while also serving as the National Director for Carrier Relations. In addition, Kevin oversees the Sales Leadership Council, which encompasses sales leaders across the entire FRP footprint in an effort to develop and refine shared resources while offering producer training and development programs.

Kevin received a Bachelor’s Degree in Management from the University of West Florida. He is very active in his community and served over a decade on the Board of Directors of Destin Charity Wine Auction Foundation and remains as a trustee, which funds over 14 children’s charities along the Florida Panhandle. He is also a member of the Destin Chamber of Commerce, Community Association Institute and Florida Association of Insurance Agents. In his spare time, Kevin enjoys golfing, tennis, boating and spending time with his wife Laura, and their children.