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.
Filed under: ARRA, American Recovery and Reinvestment Act of 2009, COBRA, Economic Stimulus, Legislation, Regulations | Tagged: COBRA; ARRA; Premium Subsidy | 2 Comments »
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 [...]
Filed under: American Recovery and Reinvestment Act of 2009, COBRA, Department of Labor, Legislation, Regulations | Leave a Comment »
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.
Filed under: American Recovery and Reinvestment Act of 2009, COBRA, Economic Stimulus, Legislation, Regulations | Tagged: ARRA, COBRA, Extension | 36 Comments »
This is the best information I have found so far on this subject on the internet, thank you for that. My question is, what if the business is no longer paying any payroll taxes at all, as it has laid off all employees (who are eligible for COBRA) and is just down to the principal partners (who are not taking a salary at this point)?
Filed under: Administration, American Recovery and Reinvestment Act of 2009, COBRA, Economic Stimulus, Legislation, Payroll Taxes, Regulations | 3 Comments »
During the week of February 23, 2009, the following letter will be distributed to COBRA Continuants enrolled in their former employers’ COBRA coverage, with a COBRA coverage effective date on or after September 1, 2008 (and on or before December 31, 2009), and of record with COBRA Control Services, LLC, in preparation for changes required [...]
Filed under: Administration, American Recovery and Reinvestment Act of 2009, COBRA, Economic Stimulus, Legislation, Notices, Regulations | Leave a Comment »
The ARRA makes substantial, but temporary, changes to the rules governing the continuation of health coverage under COBRA and a number of other modifications affecting welfare benefit plans. BAS/CCS is working quickly to incorporate these changes into its processing, notification, billing, remittance, and reporting services.
Filed under: Administration, American Recovery and Reinvestment Act of 2009, COBRA, Economic Stimulus, Legislation, Notices, Regulations, Uncategorized | 1 Comment »
We’ve have the final text of the Economic Stimulus Bill. Read this remarkable piece of legislation for yourself – Go to text Let us know what your think. We will be distributing our summary of this Bill’s affect on COBRA, as we prepare to assist our clients with complete services for notices, premium billing, premium [...]
Filed under: COBRA, Economic Stimulus, Legislation, Regulations, Uncategorized | Leave a Comment »
Significant changes are coming to COBRA administration. Currently, the House (H.R. 598) and Senate (S. 29) are considering proposals that would subsidize coverage and expand the amount of coverage available for older and long-tenured employees. These changes will likely require more complex COBRA administration and updates to initial rights notices, qualifying event notices, and premium collection processes.
Filed under: Administration, COBRA, Legislation, Regulations | Tagged: COBRA, Economic Stimulus, H.R. 598 | 3 Comments »
