COBRA Premium Subsidy Extended

Employment Attorney Bob SheaBy 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.

The United States Department of Labor issues this statement on the COBRA subsidy extension.

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