The recently enacted $1.9 trillion “American Rescue Plan Act” expanded the availability of premium tax subsidies under the Affordable Care Act. ASA has published an issue paper explaining how the expansion, and other ARPA provisions, could affect penalties on staffing agencies that do not offer health plans that provide affordable “minimum value” coverage as defined in the ACA. The paper, available to ASA members, discusses the factors staffing agencies should consider in evaluating the health coverage they offer to their temporary and contract employees.
ASA corporate partner Essential StaffCARE will host a free webinar on the topic, “Expanded ACA Premium Subsidies May Alter Staffing Firm ‘Pay or Play’ Strategies,” Tuesday, April 13, 2–3 p.m. Eastern time. Get more information and register online.
Additionally, in a session at the 2021 ASA Staffing Law Virtual Conference, employment law experts will address staffing firm concerns in the session “The ‘American Rescue Plan’—What Does It Mean for Employers?” (Sponsored by Essential StaffCARE) The Staffing Law Virtual Conference takes place April 29–30. Register at staffinglawconference.net.