COBRA Premium Subsidy Extended
Congress has extended the COBRA premium subsidy and has made changes to the “old” rules. (For more information on the COBRA premium subsidy, see our Alert and accompanying Client Memorandum dated March 6, 2009). If you or someone you know lost their job over the past year and has been receiving subsidized COBRA coverage, this is not a bad Christmas gift. But your feelings are likely to be somewhat different if you are responsible for your company’s COBRA compliance.