02.02.2010 DOL Issues Guidance on COBRA Subsidy Extension
The American Recovery and Reinvestment Act of 2009 (ARRA), enacted last February, reduced the premiums required for employer-provided group health plan continuation coverage following termination of employment. On December 19, 2009, President Obama signed legislation that extended the period to qualify for the premium reduction until February 28, 2010 and increased the maximum premium reduction period from nine months to 15 months.

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