No COBRA Subsidy In New Bill

The newly passed unemployment bill which will extend benefits until the end of November, 2010, does not contain a provision for any further COBRA subsidy. It was eliminated along with several other previously-included benefits to keep the cost down.

Anyone who qualified for the 65% subsidy prior to June 1, 2010 will receive the full 15 months of 65% subsidy. Anyone who would have qualified but began COBRA or state mini-COBRA after June 1 will not be eligible to receive any subsidy.

Bloomberg Article


Popular Posts