May 12, 2010

COBRA Subsidy Extended Again, With Maybe More Extensions to Come

Filed under: COBRA — Tags: , — Jane @ 12:13 pm

On April 15th the eligibility period for the federal COBRA premium subsidies, under the American Recovery and Reinvestment Act (ARRA), was extended again.  This extension provides COBRA premium subsidies for eligible individuals, who are involuntarily terminated from employment, through May 31, 2010.

The previous extension covered involuntary terminations through March 31, 2010.   The latest extension provides retroactive eligibility for those terminated after that date. Employers who sent basic COBRA notices (without subsidy information) to qualified beneficiaries who became eligible for COBRA after March 31, 2010

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