QBS Network Blog » cobra http://qbsnetwork.com/blog A forum for business owners, entrepreneurs and professionals to exchange ideas, share resources and learn from each other. Mon, 23 Aug 2010 15:29:04 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 COBRA SUBSIDY EXTENDED – URGENT http://qbsnetwork.com/blog/2009/12/cobra-subsidy-extended-urgent/ http://qbsnetwork.com/blog/2009/12/cobra-subsidy-extended-urgent/#comments Tue, 22 Dec 2009 16:45:04 +0000 http://qbsnetwork.com/blog/2009/12/cobra-subsidy-extended-urgent/ As expected, Congress and the President have extended and expanded the COBRA premium subsidy, allowing a greater number of individuals to take advantage of federal assistance and »»]]> As expected, Congress and the President have extended and expanded the COBRA premium subsidy, allowing a greater number of individuals to take advantage of federal assistance and introducing additional COBRA notice and administrative requirements for employers.

President Obama has signed the legislation. The House had been the first to approve the extension on December 16; the Senate followed three days later.

The new legislation, part of the Department of Defense Appropriations Act, 2010, extends the COBRA subsidy’s eligibility period for two months and extends the maximum duration of the federal assistance from nine months to 15 months. It also provides additional notification requirements.

By:  Stephanie Smith Howard

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