DOL Issues COBRA Subsidy Extension Model Notices
|
|
|
Monday, March 01, 2010
|
|
|
|
By Jackson Lewis
The COBRA
premium subsidy provisions of the federal stimulus package enacted in
2009 (American Recovery and Reinvestment Act of 2009 “ARRA”) have been
extended by the Department of Defense Appropriations Act, 2010, which
was signed into law on December 19, 2009 (the “Act”). The Act extended
the period to qualify for the COBRA
premium reduction until February 28, 2010, and the maximum period for
receiving the subsidy an additional six months (from nine to 15 months).
Extended Cobra Subsidy Program
The extended COBRA
subsidy rules require employers to identify individuals who were
“assistance eligible individuals” (AEIs), those who were eligible for
assistance under the prior subsidy rules and who Login to read more.
|
|
|
|
|