Tag: COBRA subsidy

Congressman Introduces COBRA Subsidy Extension Legislation

Update Dec. 21, 2009: President signs bill including COBRA subsidy extension Representative Joe Sestak (D-Pennsylvania) introduced the Extended COBRA Continuation Protection Act of 2009 (H.R. 3930) this week in the U.S. House of Representatives. The proposed bill would extend the original federal COBRA subsidy created by the American Recovery and Reinvestment Act of 2009 (ARRA), […]

Our Best Benefits Bet: Congress Will Extend COBRA Subsidy

Update Dec. 21, 2009: President signs bill including COBRA subsidy extension by Ashley Gillihan In February, President Barack Obama enacted the American Recovery and Reinvestment Act (ARRA). Among other things, the ARRA provided a temporary (up to nine months), 65 percent, federally funded, COBRA premium subsidy to any qualified beneficiary who became or becomes eligible […]

More Details on COBRA Continuation Subsidy in Stimulus Package

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 […]