COBRA Subsidy Extension Legislation’s Effect on Employers

December 28, 2009 0 COMMENTS

Last week, President Barack Obama signed legislation into law that extends the original federal COBRA subsidy created by the American Recovery and Reinvestment Act of 2009 (ARRA). The legislation extends:

  • the total allowable time an individual could receive the COBRA subsidy by six months (from nine to 15 months); and
  • the subsidy to individuals who are involuntarily terminated between January 1, 2010, and February 28, 2010.

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House Passes COBRA Subsidy Extension and Expansion

December 16, 2009 31 COMMENTS

Update Dec. 21, 2009: President signs bill including COBRA subsidy extension

By John Hickman and Ashley Gillihan

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More Details on COBRA Continuation Subsidy in Stimulus Package

February 20, 2009 19 COMMENTS

Update Dec. 16: House Passes COBRA Subsidy Extension and Expansion

You’re probably well aware by now that the $787 billion economic stimulus package signed by President Barack Obama this week will provide many out-of-work employees and their families with a reduced rate on continuing health care coverage under COBRA. Because the stimulus plan was adopted so quickly in Congress, it has been difficult to learn and understand the details. Here’s an outline of some of the major provisions of the stimulus package that relate to the COBRA subsidy.

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