OMW Employment Law Blog

Breaking news sources reported that the United States Senate passed legislation late in the day on March 2, 2010 to extend the federal partial subsidy of COBRA benefits.  The previous extension of the COBRA subsidy had expired on February 28, 2010.  The bill that includes the most recent extension of the COBRA subsidy had already passed the House of Representatives, and it was promptly signed by President Obama Tuesday night.   However, new legislation will need to be passed soon if the federal government wants to make an ongoing commitment to subsidize COBRA premiums, as the latest extension of the COBRA subsidy expires at the end of March 2010. 

 The U.S. Department of Labor has not yet posted the details regarding implementation of the COBRA subsidy extension.  Updates normally appear on the Department of Labor’s COBRA website.

 This posting is a brief and incomplete summary of a very complex law, and should not be relied upon for any purpose.  Additionally, the law may have changed or may have been clarified by the Department of Labor or the IRS after this posting was written on March 3, 2010.

This entry was posted on March 3, 2010 at 10:27 pm and is filed under COBRA. You can subscribe via RSS 2.0 feed to this post's comments.

Tags: COBRA, COBRA Extension, COBRA premium reduction, COBRA subsidy, Health Insurance Premium Subsidy