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Apr212010

COBRA Premium Subsidy Extended

DateApril 21, 2010
IMPORTANT LEGISLATIVE UPDATE

On April 15, 2010, President Obama signed an amendment to the American Recovery and Reinvestment Act of 2009 (ARRA) to provide additional time to qualify for the 65% premium subsidy for COBRA health care coverage. The extended period of eligibility for the premium subsidy now includes Americans involuntarily terminated from their jobs from April 1 through May 31, 2010.

M. F. Irvine will continue to keep you informed as we receive updates on amendments and new legislation.

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