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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 […]
President Barack Obama signed legislation into law today that would extend the original federal COBRA subsidy created by the American Recovery and Reinvestment Act of 2009. The legislation was part of the Department of Defense Appropriations Act, 2010 (H.R. 3326), a bill that appropriates funds for the Department of Defense. The bill passed the U.S. […]
Update Dec. 21, 2009: President signs bill including COBRA subsidy extension In an unusual Saturday morning session on Dec. 19, the U.S. Senate voted 88-10 to pass legislation that would extend the original federal COBRA subsidy created by the American Recovery and Reinvestment Act of 2009 (ARRA), which President Barack Obama signed into law in […]
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), […]
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 […]