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Recently, President Biden declared that the COVID-19 Public Health Emergency and which has been in effect since March 2020, will come to an end on May 11, 2023. The related National Emergency ended on April 10, after a bipartisan congressional resolution was signed to bring it to a close after three years — weeks before …

Continue reading “What does the end of the Covid-19 Public Health Emergency mean for employers?”

The American Rescue Plan Act (ARPA) established a 100% COBRA premium subsidy for assistance eligible individuals (AEI) for the period April 1st, 2021 through September 30th, 2021.

Dependent Care Limit Increases and Full COBRA Subsidies The relief bill (ARPA) signed by President Biden on March 11th temporarily increases the maximum contribution amount for Dependent Care Assistance Plans (DCAP) and provides full COBRA subsidies under certain circumstances.

VantagePoint Waives New COBRA Administration Fees for 6 Months* Furloughs, layoffs, and COBRA rules Did you know? When the carriers revert to their eligibility minimum this creates a COBRA event. If a furloughed employee is ultimately discharged this creates a COBRA event. If a full-time employee returns on a part-time basis, this creates a COBRA …

Continue reading “COBRA Admin Fees Waived by VantagePoint”

The Departments of Treasury and Labor, along with the IRS has created a time-frame extension affecting group health and welfare, disability, and pension plans due to COVID-19. These new rules apply for 60 days after the announced end of the declared National Emergency. This 60-day period is now called the ‘Outbreak Period’.

Amid all the uncertainty surrounding COVID-19, VantagePoint Benefit Administrators wants you to know that we are here for you. Our offices are open, working remotely, but fully functional and available to help you and your employees navigate through these unprecedented times.