Four things to know:
1. The American Rescue Plan provides a temporary 100 percent reduction in premiums for COBRA recipients.
2. The subsidy is intended for employees who lost health insurance because of a reduction in work hours or layoffs.
3. The subsidy is for coverage from April 1 through Sept. 30.
4. The entity to which COBRA premiums are payable, as in the employer, insurer or multiemployer plan, are entitled to a reimbursement. That reimbursement can be sought through a refundable tax credit against the entity’s share of Medicare taxes.
Read the full guidance here.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
