Understanding COBRA—the Consolidated Omnibus Budget Reconciliation Act—can sometimes be tricky. A new nine-minute training video answers these questions and provides additional information on qualifying events, responsibilities, and timelines.
ETF has updated the Local Employer Verification of Health Insurance Coverage (ET-4814) form. This update means that local employers will no longer collect the forms from employees and survivors that want to continue health insurance coverage after the employee retires or dies. Coverage now continues automatically, and employees and survivors only need to complete the form to cancel coverage.
The American Rescue Plan Act (ARP) provides for temporary 100% COBRA premium subsidies for eligible former employees who suffered an involuntary job loss, and for current or former employees who have suffered a reduction in hours that made them COBRA-eligible. A member might qualify both to use their sick leave in retirement and for the COBRA subsidy.
The Group Health Benefits Annual Report includes goals and results for different health benefit offerings. The report will be updated yearly to track progress.