New COBRA Legislation

December 28th, 2009 by Frank Hagel

President Obama signed legislation on December 19, 2009, that extends the eligibility period for the COBRA subsidy. Originally, only those involuntarily terminated through December 31, 2009 were covered. The timeframe has been extended to individuals who are involuntarily terminated through February 28, 2010. Additionally, the legislation extends the length of time in which eligible employees will receive the subsidy, extending the period from nine months to fifteen months.

For up to date information on this legislation visit: https://www.hr411.com/legal-updates/?lu=6947992 

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This entry was posted on Monday, December 28th, 2009 at 8:00 am and is filed under Human Resources. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “New COBRA Legislation”

  1. Terry Green Says:
    March 18th, 2010 at 2:08 pm

    I would like information on legislation currently pending in congress that would extend the COBRA period from 18 months to 24 months. I also understand that this same bill would extend the COBRA insurance subsidy payments through the end of 2010. Bill #? Thanks for you help!

  2. Terry Green Says:
    March 18th, 2010 at 2:09 pm

    Bill #?

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