{"id":584,"date":"2009-03-31T22:49:09","date_gmt":"2009-04-01T02:49:09","guid":{"rendered":"https:\/\/old.visionpayroll.com\/kb\/?p=584"},"modified":"2009-04-26T12:54:01","modified_gmt":"2009-04-26T16:54:01","slug":"irs-releases-notice-on-premium-assistance-for-cobra-benefits","status":"publish","type":"post","link":"https:\/\/old.visionpayroll.com\/kb\/2009\/03\/irs-releases-notice-on-premium-assistance-for-cobra-benefits\/","title":{"rendered":"IRS Releases Notice on Premium Assistance for COBRA Benefits"},"content":{"rendered":"

The Internal Revenue Service<\/a> recently released an advance copy of Notice 2009-27, Premium assistance for COBRA benefits<\/em><\/a>. Pursuant to the American Recovery and Reinvestment Act of 2009 or ARRA, certain involuntarily terminated employees are eligible for employer-provided subsidies to help pay for their Consolidated Omnibus Budget Reconciliation Act (COBRA) continuation coverage. Employers may then claim a credit on their <\/span>Form 941<\/a> to be reimbursed for the assistance provided.<\/span><\/span><\/p>\n

This notice provides guidance in several areas. In addition to a background of the COBRA premium assistance, Questions and Answers cover the following areas:<\/span><\/p>\n

    \n
  1. \n
    Involuntary Termination<\/a><\/span><\/div>\n<\/li>\n
  2. \n
    Assistance Eligible Individual or AEI<\/a><\/span><\/div>\n<\/li>\n
  3. \n
    Calculation of Premium Reduction<\/a><\/span><\/div>\n<\/li>\n
  4. \n
    Coverage Eligible for Premium Reduction<\/a><\/span><\/div>\n<\/li>\n
  5. \n
    Beginning of Premium Reduction Period<\/a><\/span><\/div>\n<\/li>\n
  6. \n
    End of Premium Reduction Period<\/a><\/span><\/div>\n<\/li>\n
  7. \n
    Recapture of Premium Assistance<\/a><\/span><\/div>\n<\/li>\n
  8. \n
    Extended Election Period<\/a><\/span><\/div>\n<\/li>\n
  9. \n
    Payments to Insurers Under Federal COBRA<\/a><\/span><\/div>\n<\/li>\n
  10. \n
    Comparable State Continuation Coverage<\/a><\/span><\/div>\n<\/li>\n
  11. \n
    Additional Issues<\/a><\/span><\/div>\n<\/li>\n<\/ol>\n

    Over the next few weeks, Vision Payroll<\/a> will be providing more detailed information on each of these areas.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

    The Internal Revenue Service recently released an advance copy of Notice 2009-27, Premium assistance for COBRA benefits. Pursuant to the American Recovery and Reinvestment Act of 2009 or ARRA, certain involuntarily terminated employees are eligible for employer-provided subsidies to help pay for their Consolidated Omnibus Budget Reconciliation Act (COBRA) continuation coverage. Employers may then claim […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[795,819,545,548,321,842],"_links":{"self":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/584"}],"collection":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/comments?post=584"}],"version-history":[{"count":17,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/584\/revisions"}],"predecessor-version":[{"id":605,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/584\/revisions\/605"}],"wp:attachment":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/media?parent=584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/categories?post=584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/tags?post=584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}