March 10, 2009

The following summary of the American Recovery and Reinvestment Act of 2009 (ARRA) was provided by Ballard Spahr Andrews & Ingersoll. At this time, numerous employee benefit organizations such as the National Association of Health Underwriters, The American Benefits Council as well as the Compliance Departments of COBRA Administrators such as Ceridian are all working with the Department of Labor to obtain further guidance regarding the specific next steps and employer requirements.

The Department of Labor indicated that model notices should be available by March 19, 2009 and it is anticipated that considerable guidance will be forthcoming in the weeks to come. We will continue to monitor this important change and provide additional updates on the new requirements.

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