• Facebook
  • LinkedIn
  • Mail
  • Twitter
  • Youtube
1-800-248-7675    •    Careers    •
Cornerstone Broker Insurance Services Agency
  • Who We Are
    • What is a General Agency?
    • Our Value
    • Community Involvement
  • What We Offer
    • Individual
    • Employee Benefits
    • Agency Services Program
    • Licensing and Commissions
    • Cash Incentive Program
    • Refer-An-Agent Program
  • Resource Center
    • Webinar Series
    • Client Referral Form
    • Carrier Bonuses
    • AGB
    • FormFire
    • EB3 Benefit Booklet
  • Events
  • Blog
  • Contact Us
    • Meet the Team
  • Get Contracted
  • Search
  • Menu Menu

Medical Mutual Update: ARPA State Continuation Premium Exemption for Groups with Less Than 20 Employees

July 2, 2021/in Carrier, Employee Benefits, Medical Mutual/by Cornerstone

As previously announced, the American Rescue Plan Act of 2021 (ARPA), enacted on March 11, 2021, subsidizes the full continuation coverage premium for “Assistance Eligible Individuals” (AEIs) for periods of coverage from April 1, 2021, through September 30, 2021.

To assist groups with fewer than 20 employees during the state continuation subsidy period, Medical Mutual has received guidance to directly apply for federal tax credits for eligible existing state continuation contracts if the member completes a new AEI 2021 Subsidy Eligibility Attestation Form.

Previously, groups were billed for state continuation premiums after they collected the premium payments from the employee. However, with a completed and signed attestation form, Medical Mutual can apply for the tax credit directly and both the group and member will be exempt from making those payments.

Medical Mutual will send the form (with a letter) to groups to distribute to all identified AEIs, who must complete, sign, and return it to their group official. The group official must then complete the “Group Use Only” section, which includes the subsidized amount of that member’s premium, and return the completed form to Medical Mutual.

Note: Some employers are subsidizing a portion of the member’s state continuation premium. If they are offering a subsidy, they cannot claim a tax credit for that part of the premium and they will need to continue paying it.

While groups will continue to see state continuation premiums for eligible existing state continuation contracts on their invoices, they will also see credits applied.

Contact your Cornerstone representative with any questions.

Print Friendly, PDF & Email
Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on LinkedIn
  • Share by Mail
https://www.crnstone.com/wp-content/uploads/2021/07/MMO-Update-ARPA-State-Continuation-Premium-Exemption-for-Groups-with-Less-Than-20-Employees.jpg 480 640 Cornerstone /wp-content/uploads/2019/11/Cornerstone_Logo.png Cornerstone2021-07-02 14:49:172021-07-02 14:53:00Medical Mutual Update: ARPA State Continuation Premium Exemption for Groups with Less Than 20 Employees

Recent Posts

  • Marketplace Learning Management System Closes on July 15
  • Medical Mutual Makes Change to National Network Effective Jan. 1, 2023
  • The Updated Medical Mutual COSE MEWA Small Employer Exception Form is Available
  • Departments Issue Checklist for Surprise Billing IDR Process
  • Learn More About Humana’s EAP LifeWorks Transition

Categories

  • Aetna
  • Aetna Funding Advantage
  • All Savers
  • Ambetter
  • Ameritas
  • Anthem
  • AUL
  • Autopilot
  • Bonus Programs
  • Carrier
  • COBRA
  • Companion Life
  • Compliance
  • Continuing Education
  • Cornerstone Updates
  • COVID Tests (January 2022)
  • Delta Dental
  • DentaQuest
  • EB3
  • Employee Benefits
  • Events
  • FormFire
  • Go365
  • Golden Rule
  • HealthSherpa
  • Humana
  • Individual
  • Legislation
  • Licensing
  • Marketplace
  • Medical Mutual
  • MEWA
  • Molina
  • Ohio Department of Insurance
  • Ohio Farm Bureau
  • On the Spot
  • OneAmerica
  • Oscar
  • Principal
  • Sidecar Health
  • Social Security Spotlight
  • Sun Life
  • Superior Dental Care
  • The Dental Care Plus Group
  • The Standard
  • UnitedHealthcare
  • UnitedHealthOne
  • Webinars
  • Whitepapers

CONTACT US

1-800-248-7675
8:30 am to 5:00 pm EST
Monday–Friday

UPDATES

Events
Blog

WHO WE ARE

Join Our Team
Community Involvement

RESOURCE CENTER

Webinars
AGB
FormFire

WHAT WE OFFER

Individual
Employee Benefits
Agency Services Program
Licensing and Commissions

CONNECT WITH US

Twitter YouTube LinkedIn Facebook

Print Friendly, PDF & Email
©2020 CORNERSTONE BROKER INSURANCE SERVICES AGENCY, INC. ALL RIGHTS RESERVED | COMPENSATION DISCLOSURE | PRIVACY POLICY
CINCINNATI WEB DESIGN COMPANY WEBTEC
Anthem Indiana Broker News RecapClients are Eligible for a $0 Silver Plan with Unemployment Income
Scroll to top