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The American Rescue Plan Act (ARPA) of 2021 included a 100 percent COBRA subsidy for workers who were involuntarily terminated or experienced a reduction in hours to continue their employer health insurance coverage under COBRA. The subsidy is effective April 1, 2021 through September 30, 2021. If you are receiving the subsidy, you might be wondering what your potential next steps are. We鈥檝e outlined a few things you can do below.聽

Remain on COBRA

When the subsidy expires on September 30, 2021, COBRA members may need to pay , plus a 2 percent administration charge. Your employer or its COBRA administrator may provide you with a premium notice so you know how much you need to pay in premiums each month in order to maintain COBRA coverage. 

It鈥檚 important to note that you can only maintain COBRA coverage if you鈥檙e still eligible. on how long an individual is eligible to be on COBRA. 

Shop for alternative coverage

You may also seek alternative healthcare coverage that better aligns with your needs. Those options may include: 

• Coverage through . The federal government鈥檚 health insurance exchange will show you what coverage is available or if the state you live in has its own health insurance exchange for you to shop for coverage.
• An alternative marketplace. You can also shop for alternative coverage through a private marketplace. For example, gives you access to find coverage that鈥檚 potentially more affordable.聽
• or coverage, if you鈥檙e eligible. to enroll in Medicare or Medicaid.聽

There are other options that could be available, some of which may be specific to your situation. As a result, the above list is not an exhaustive list of options. 

Please note: It鈥檚 important to remember if you leave COBRA and sign up for marketplace coverage, you can鈥檛 switch back to COBRA unless you鈥檝e experienced another .  

Gain coverage elsewhere

You can also let your COBRA coverage expire, possibly because you are eligible for coverage through a new employer or your spouse. If you are planning to become covered by your spouse鈥檚 health insurance, you鈥檒l want to check the insurance policy for coverage periods and other enrollment information. 

Stay up to date on the latest trends and legislation surrounding your employee benefits and COBRA by subscribing to our blog. 

The information in this blog post is for educational purposes only. It is not legal or tax advice. For legal or tax advice, you should consult your own counsel.