COBRA Premium Assistance Available to Eligible Group Members Through September 2021
Under the recently passed American Rescue Plan Act of 2021 (ARPA), eligible group members who elect COBRA (including state‑based “Mini‑COBRA”) continuation coverage due to an involuntary job loss or a reduction in hours within the past year may be eligible for 100 percent coverage of their monthly health insurance premiums. This temporary premium assistance will be provided at no cost to the employer or to the group member through September 30, 2021. Employers should consult the U.S. Department of Labor and IRS websites for more information.
Obtaining Mini-COBRA Premium Assistance
For groups subject to state continuation plans (referred to as Mini‑COBRA typically for those with 19 or fewer employees), Independence Blue Cross and AmeriHealth New Jersey will provide premium assistance to eligible groups through a manual “credit” on the premium invoice.
For more details on the process, please click the links below to view the full articles from each carrier.