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Survey your staff and talk to HR about how it might affect your employeeretention rates. Health care costs are expected to continue to climb due to new costs, taxes and fees, as well as adjusted community rating. The closer it gets to 2015, the less time you’ll have to negotiate a good deal with a health insurancecarrier.
The ARPA also allows the employer, insurer, or multiemployer plan sponsor who subsided the premiums to offset the cost by claiming a new federal tax credit. The subsidy is tax-free to the individual receiving the subsidy. Tax Credit. Below is a summary of the ARPA’s COBRA subsidy provisions.
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