A federal subsidy providing a 65 percent reduction for the cost of COBRA coverage will end Sept. 1.

This federal COBRA premium assistance program was implemented in 2009 under the American Recovery and Reinvestment Act (ARRA). Enrollment in the program ended in May 2010, but extensions stretched the subsides out for 15 months. Workers who were involuntarily terminated between Sept. 1, 2008, and May 31, 2010, were eligible to receive help.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.