COBRA Subsidy Expires… Alternatives Available
Effective June 1, 2010, the federal COBRA subsidy expired. The program was enacted in March of 2009 and allowed COBRA participants to receive a 65% federal subsidy as a part of the Obama Administration’s $787 billion stimulus program.
House Democrats at the end of May elected not to extend the subsidy through the remainder […]
Congress extends COBRA Subsidy
The American Recovery and Reinvestment Act of 2009 (ARRA) provided premium subsidy and
additional election opportunities for health benefi ts under COBRA through December 31, 2009.
Eligible individuals pay only 35 percent of their COBRA premiums and the remaining 65 percent is
reimbursed to the coverage provider through a tax credit.
Last week congress passed a bill that includes […]
