Briefly on Benefits (January 2010)

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COBRA Premium Subsidy Extended

Extension Signed

On Saturday, December 19, 2009, President Obama signed the Department of Defense Appropriations Act of 2009 (the “Act”). Attached to the Act was an expected extension of the COBRA premium subsidy for involuntary terminations. This subsidy was originally enacted on February 17, 2009 as part of the American Recovery and Reinvestment Act of 2009 (“ARRA”). There were other legislative proposals to extend the COBRA subsidy even further, so this may just be the first round of extensions.

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Published In: Elections & Politics Updates, Health Updates, Insurance Updates, Labor & Employment Updates, Zoning, Planning & Land Use Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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