COBRA Premium Subsidy Extended 12/23/2009Posted by Morse, Barnes-Brown Pendleton in Employment.
By Robert Shea
On Monday, December 21, 2009, President Obama signed into law a bill extending the federal COBRA health insurance premium subsidy for the unemployed. The legislation extends the nine-month 65 percent federal subsidy by six months. It also extends eligibility for involuntary terminations through February 28, 2010; the subsidy previously only applied to terminations through December 31. 2009.