COBRA Subsidy Extension Signed Into Law

On March 2, 2010, the U.S. Senate passed H.R. 4691, the Temporary Extension Act of 2010 by a vote of 78-19. This Senate action follows House passage of H.R. 4691 on February 25, 2010. The President immediately signed this bill into law on March 2, 2010.

House of Representatives Approves Bill to Extend ARRA COBRA Premium Subsidy

Last week the House of Representatives just approved a bill that extends the ARRA COBRA premium subsidy for involuntary terminations of employment that occur through 3/31 and addresses the situation where a reduction of hours is followed by an involuntary termination of employment.

New Online New COBRA & FSA Account Administration Setup Launched

We are pleased to announce the launch of our online, self-service COBRA and Flexible Spending Account setup program accessible from www.BASusa.com – look for the link in the lower portion of the home page titled “Buy Online.”

CCS Initiates Online Rate Renewal Date Management

We are pleased to announce our new two-phase, online rate renewal process for COBRA administration clients

H. R. 3326-64

H. R. 3326-64 extends COBRA premium subsidy and requires new notification.

Fact Sheet: COBRA Premium Reduction

U.S. Department of Labor Employee Benefits Security Administration December 23 2009 The American Recovery and Reinvestment Act of 2009 (ARRA), as amended on December 19, 2009 by the Department of Defense Appropriations Act, 2010 (2010 DOD Act) provides for premium reductions for health benefits under the Consolidated Omnibus Budget Reconciliation Act of 1985, commonly called [...]

President Obama Signs COBRA Extension

Phyllis C. Borzi, Assistant Secretary of the Employee Benefits Security Administration (EBSA) today released the following statement regarding the Consolidated Omnibus Budget Reconciliation Act (COBRA) and the recent extension of the premium reduction under the COBRA subsidy:

Defense appropriations bill passes Senate 88-10, clears way for healDefense appropriations bill passes Senate 88-10, clears way for health bill

Defense appropriations bill passes Senate 88-10, clears way for healDefense appropriations bill passes Senate 88-10, clears way for health bill

COBRA Extension Bill Introduced

Representative Joe Sestak (D-PA), a member of the House of Representatives Education and Labor Committee, introduced the Extended COBRA Continuation Protection Act (H.R. 3930) on October 26, 2009. The measure would amend the American Recovery and Reinvestment Act of 2009 (ARRA) to extend the eligibility period and maximum period for COBRA premium assistance. Currently, eligibility for the nine-month subsidy is limited to individuals who have been involuntarily terminated from employment on or after September 1, 2008, through December 31, 2009 and who lose coverage during that period.

Aetna offers Employers Sample ARRA Attestation Form

Aetna has published a sample of the form client employers may use to attest to a involuntary separation eligible for ARRA. Follow the link in this posting for access to the form.