H. R. 3326-64 extends COBRA premium subsidy and requires new notification.
Filed under: American Recovery and Reinvestment Act of 2009, COBRA, Department of Labor, Legislation | Tagged: ARRA, COBRA, Premium Subsidy | 1 Comment »
COBRA Subsidy Extended 6 More Months
Posted on December 21, 2009 by basusacobra
With less than two weeks left in the year, the U.S. Senate on Saturday passed legislation that extends until the end of February eligibility deadlines for some key unemployment benefits. That’s especially important in Michigan, which continues to have the nation’s highest unemployment rate – 14.7% in November. Attached to the $636-billion defense spending bill [...]
Filed under: Uncategorized | Tagged: ARRA, COBRA, Subsidy | 2 Comments »
House Passes COBRA Subsidy Extension; Next, Senate Needs to Act
Posted on December 17, 2009 by basusacobra
WASHINGTON-The U.S. House of Representatives overwhelmingly approved legislation Wednesday that would extend the federal subsidy of COBRA health insurance premiums for employees who are involuntarily terminated. Embedded in H.R. 3326, a measure appropriating funds for the Department of Defense, the nine-month, 65% premium subsidy would be extended by six months to a total of 15 [...]
Filed under: Uncategorized | Tagged: ARRA, COBRA, Subsidy | 1 Comment »
COBRA Extension Bill Introduced
Posted on November 3, 2009 by basusacobra
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 »
HEALTH INSURANCE ASSISTANCE FOR THE UNEMPLOYED ACT OF 2009 Brings Changes to COBRA Administration
Posted on January 30, 2009 by basusacobra
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 »
