President Obama has signed legislation extending the deadline for COBRA continuation coverage subsidies, allowing workers who are involuntarily terminated in March to qualify for the program. The Senate approved the legislation, the Temporary Extension Act of 2010 (H. R. 4691), late on Tuesday.
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The American Recovery and Reinvestment Act of 2009 (ARRA), as amended by the Department of Defense Appropriations Act of 2010, allowed workers who were involuntarily terminated between September 1, 2008 and February 28, 2010 to be eligible for 65 percent COBRA subsidies. H.R. 4691 extends protections to workers who are involuntary terminated between September 1, 2008 and March 31, 2010, making them eligible for up to 15 months of COBRA subsidies.
The legislation also changes and clarifies a few other aspects of the COBRA program. Read the full text of H.R. 4691.