Archived Insight | March 8, 2021

The American Rescue Plan Act of 2021 and Plan Sponsors

The Senate has passed its version of the American Rescue Plan Act of 2021, which includes a number of important provisions to sponsors of health, welfare and retirement plans. The House has resolved the differences between its earlier-passed version and the Senate version. The final bill is on its way to President Biden for signature into law.

Rescue plan act webinar

In the legislation is single-employer and multiemployer pension relief, language creating a program through the PBGC to provide financial assistance to troubled multiemployer plans and a newly created 100% COBRA subsidy program. Given the potentially far-reaching scope of the Act’s provisions, plan sponsors will want to learn more about the practical effect of key provisions.

This webinar replay features our panel – David Brenner, Segal’s National Director of Multiemployer Consulting; Senior Compliance Consultants Beth Bangert and Julia Zuckerman; and Regional Retirement Practice Leader Jason Russell – for a presentation and discussion including opportunities for submitting and answering questions.

Watch the Webinar

Read more insights

Senior Pharmacist And Young Black Woman Using Touchpad In A Pharmacy

PBM Audit Recovers $4.6M in Rx Discounts and Rebates

See how a benefits audit helped a health plan recover $4.6 million in undistributed Rx discounts and rebates from its pharmacy benefit manager (PBM).

Health, Pharmaceutical, Benefit Audit Solutions, Public Sector

Read Full Insight

Young Businesswoman Sharing Business Reports With Colleagues

Model Pension Plan’s Funded Status Increases by 5 Points

In Q4 2024, the funded status of our model private sector single-employer pension plan rose 5 points to 110%. Learn why in the latest Prism.

Retirement, Investment, Corporate

Read Full Insight

Patient Making Payment With A Credit Card Reader Machine In Modern Clinic

Executive Order Targets Better Healthcare Price Transparency

Sponsors of group health plans should ensure plans comply with existing transparency requirements. New enforcement actions are likely.

Health, Compliance, Multiemployer Plans, Public Sector, Healthcare Industry, Higher Education, Architecture Engineering & Construction, Corporate

Read Full Insight

This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.