COBRA Deadlines Adjusted Due To COVID-19

Volume: 19 | Issue: 30
May 28, 2020

The U.S. Department of Labor (DOL) and the Internal Revenue Service (IRS) have extended certain timeframes under the Employee Retirement Income Security Act and the Internal Revenue Code for group health plans, disability and other welfare plans, and pension plans to “minimize the possibility of individuals losing benefits because of a failure to comply” with deadlines due to the COVID-19 national emergency. As a result, certain deadlines under COBRA, such as the 60-day election period and the deadline for making premium payments, are extended until 60 days after the announced end of the National Emergency. For detailed information about this relief under COBRA and for other health, welfare, disability, or pension plans, review the Federal Register publication and its examples. As always, KZA attorneys are available to assist you with any questions you may have.

KZA Employer Report articles are for general information only; they are not intended and should not be construed to be legal advice. Reading or replying to such articles does not establish an attorney-client relationship. In addition, because the subject matters and applicable laws discussed in Employer Report articles are often in a state of change and not always applicable to every type of business entity or organization, readers should consult with counsel before making decisions based on the same.