Thu.Mar 11, 2021

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COVID Relief Bill Provides 100% COBRA Premium Subsidy and Enrollment Option for Involuntarily Terminated Employees

ThomsonReuters

American Rescue Plan Act of 2021, H.R. 1319. Available at [link]. Congress has passed, and the President is expected to sign, the American Rescue Plan Act of 2021 (ARPA), creating a 100% COBRA premium subsidy and additional COBRA enrollment rights for certain employees (and their families) who have lost group health plan coverage due to an involuntary termination of employment or reduction of hours.

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Visiting the Doctor in a Virtual World Provides Business Opportunities in Telehealth

Deal Law Wire

It is no secret that during 2020 and into 2021 the COVID-19 pandemic has created massive disruptions for a variety of industries. One such example is the movement of health care services online in order to adhere to social distancing guidelines. A wide variety of technology and applications to facilitate this, referred to as telehealth or telemedicine technology, are gaining momentum.

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COVID Relief Bill Temporarily Increases DCAP Maximum, Expands ACA Premium Tax Credit, and Extends Tax Credit for Paid Leave

ThomsonReuters

American Rescue Plan Act of 2021, H.R. 1319. Available at [link]. Congress has passed, and the President is expected to sign, the American Rescue Plan Act of 2021 (ARPA), providing sweeping COVID-19 relief that includes several benefits-related provisions. A 100% COBRA premium subsidy has drawn perhaps the most attention (see our Checkpoint article ), but other items are also of interest to group health plan sponsors, administrators, and advisors.

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What Are the Tax Consequences of Providing Per Diem Payments for Employee Travel Expenses?

ThomsonReuters

QUESTION: Our company would like to simplify reimbursements for business travel expenses by paying employees a fixed amount for each travel day regardless of incurred expenses. How can we keep the per diem payments from being treated as income to our employees, and how would those payments affect employees’ expense reporting? ANSWER: Per diem payments are often used to simplify compliance with the accountable plan rules that allow business travel reimbursements to be excluded from employees’ g

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How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

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DOL Will Not Enforce New Rules on Proxy Voting and Financial Factors in Investment Selection Pending Review

ThomsonReuters

U.S. Department of Labor Statement Regarding Enforcement of Its Final Rules on ESG Investments and Proxy Voting by Employee Benefit Plans (Mar. 10, 2021). Available at [link]. The DOL has announced that it will not enforce recently issued regulations on the selection of retirement plan investments and proxy voting while it reviews the regulations for possible changes.