COBRA Subsidy in New Stimulus Law Adds Administrative and Notice Requirements for Employers

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On February 17, 2009, President Obama signed into law the American Recovery and Reinvestment Act of 2009 (ARRA). This new law includes provisions for a nine-month subsidy of COBRA premiums for employees who are involuntarily terminated. The law also imposes additional administrative and notice requirements on employers that require immediate attention.

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