Look at this BS, I'm an insurance broker, I got this notice from a TPA that administers COBRA. Biteass is paying for COBRA premiums for all. so now we are paying for people's health insurance, great!
BASIC COBRA Alert
Dear Valued Clients,
Approved by the Senate last week, the American Rescue Plan passed the House, and the $1.9 trillion COVID relief package was signed by President Biden.
Included in the bill is a 100% subsidy on COBRA premiums from April through September.
BASIC is working through the legislation with our Compliance team to determine the impact on COBRA clients and qualified beneficiaries. Please watch for additional communications from us in the near future.
To learn more about the American Rescue Plan Act, please check out our blog at American Rescue Plan Blog.
Sincerely,
BASIC COBRA