Federal Unemployment Benefits, COBRA Subsidy Extended One Month

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On March 2, 2010, President Obama signed the Temporary Extension Act of 2010 (HR 4691) (the “Extension Act”) into law. Not only does the Extension Act extend unemployment benefits, it also extends and makes other changes to the COBRA Premium Subsidy Program (the federal tax credit that allows the government to subsidize 65% of the cost of COBRA premiums).

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Published In: Health Updates, Labor & Employment Updates, Tax 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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