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Netchex Develops ARPANetCOBRA Service Package for American Rescue Plan Act Compliance

In response to the American Rescue Plan Act, Netchex has updated its COBRA services to ensure the compliance of all of our NetCOBRA customers.

Image of Samantha Herron By Samantha Herron.
Updated Jun 10, 2021

COVINGTON, La. (PRWEB) June 10, 2021 - This week Netchexa payroll and HR technology companyannounced temporary changes to its NetCOBRA service under the American Rescue Plan Act of 2021. The subsidy under the ARPA will allow for the continuation of COBRA coverage through September 30, 2021 for assistance eligible individuals (AEIs).

Through collaboration from Netchexs Cobra administration and Development team, Netchex has worked to adapt their current COBRA package to align with current ARPA legislation. The new service package will save clients time by not having to manage changes in-house, as well keep clients in compliance with the ARPA. Additionally, it will give any AEIs a second chance to elect COBRA coverage if they did not enroll the first time.

Understanding the large burden ARPA put on employers, team members from across Netchex have worked swiftly to create ARPA-NetCOBRA, a service package to help our clients stay compliant by managing AEI notifications, ARPA benefits, and facilitate in ARPA subsidies, says Marilyn Osborne, Special Projects Manager at Netchex. I am proud to be a part of such a professional and agile team. This is not a long-term product, but an important one.

AEIs that qualify for the ARPA-NetCOBRA Package include:

The ARPA-NetCOBRA subsidiary enrollment is effective immediately and can be elected on a prospective basis. It ends 60 days after a new required election service is provided.

About Netchex: Founded in 2003, Netchex has become one of the industrys fastest-growing payroll and HR service providers. Netchexs single-source solution is a cloud-based, end-to-end platform for managing the employee lifecycle from hire to retire. With powerful, yet easy-to-use technology and award-winning customer support, Netchex currently services over 4,000 clients. Headquartered in Covington, LA, Netchex has offices in Atlanta and Dallas with representatives nationwide. Please visit https://netchex.com for more information.