COBRA Subsidy Extended 6 More Months

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 [...]

House Passes COBRA Subsidy Extension; Next, Senate Needs to Act

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 [...]