Quick Reference to Cobra Compliance, 2009-2010 Edition

Quick Reference to COBRA Compliance is a guide for employee benefits professionals who administer the Consolidated Omnibus Reconciliation Act of 1985 (COBRA), as amended. It provides information for administering COBRA in an easy-to-read format that allows the professional to find that information quickly when needed. Additionally, many of the chapters include Job Aids; charts, checklists, sample notices, worksheets, and flowcharts that are specifically designed to assist the benefits professional in COBRA Administration. The 2009-2010 Edition has been revised significantly to include: A completely revised Chapter 2 that includes a discussion of the COBRA subsidy requirements for eligible individuals, which provides premium assistance for certain involuntarily terminated employees and their families. These requirements were imposed by the American Recovery and Reinvestment Act of 2009 (ARRA), and signed into law by President Obama on February 17, 2009. New notice requirements and model forms for employers to inform qualified beneficiaries of their rights under ARRA. Changes to the Family Medical Leave Act and the Mental Health Parity Act. A new section on the Children's Health Insurance Program Reauthorization Act (CHIPRA). Updated maximum contribution rates for HSAs and HRAs and annual minimum deductible and maximum out-of-pocket amounts for a high deductible health plan.