2021 Arkansas Insurance Legislation Summary: Health Insurance
This is the third article in a series of summaries of Insurance legislation from the 93rd Arkansas General Assembly. The 93rd Arkansas General Assembly convened on January 11, 2021 and entered into an extended recess on April 27, 2021. The resolution authorizing the extended recess provides for the…
2021 Arkansas Insurance Legislation Summary: Property & Casualty Insurance
This is the second article in a series of summaries of Insurance legislation from the 93rd Arkansas General Assembly. The 93rd Arkansas General Assembly convened on January 11, 2021 and entered into an extended recess on April 27, 2021. The resolution authorizing the extended recess provides for…
2021 Arkansas Insurance Legislation Summary: General
This is the first article in a series of summaries of Insurance legislation from the 93rd Arkansas General Assembly. The 93rd Arkansas General Assembly convened on January 11, 2021 and entered into an extended recess on April 27, 2021. The resolution authorizing the extended recess provides for the…
Texas Department of Insurance Adopts Changes to Prompt Pay Reporting Requirements
The Texas Department of Insurance (the “Department”) announced earlier today that it has formally adopted its proposed changes to 28 Tex. Admin. Code § 21.2821, which lays out the prompt pay reporting requirements for managed care carriers (“MCC”). As detailed below, the amendment expands the scope…
COBRA Subsidy Update: IRS provides penalty relief and instructions for applying Employment Tax credits
April 15, 2021
by Nathan A. Read
On Tuesday, the IRS published Notice 2021-24, which provides penalty relief for an employer’s failure to timely deposit Employment Taxes[1] related to the American Rescue Plan Act’s (ARPA) COBRA subsidy credits. The Notice includes instructions to employers on how to apply COBRA Credits in…