New User? Sign Up | Sign In | FAQ
Click here to contact us
COBRA subsidies for jobless expires

Today, one of the stimulus package items comes to an end.   COBRA is the program set up under federal law that allows people who lose their jobs to keep the employer-provided insurance, typically for 18 months, if they pay for the premium plus a small percentage for administrative fees-generally around two percent.

In February 2009, Congress approved a 65 percent subsidy for COBRA premiums to help those who had been laid off starting in September 2008.

Congress extended the COBRA subsidy three times to cover workers who lost their jobs through May 2010.  The subsidy lasted for up to 15 months.

Here are two good sources of info:

DOL fact sheet :

and a good article by benefits pro

Employers told me, in the past year,  that workers would not take job offers because the health care premium they would be would be higher than the subsidized amount. 

It will interesting to see what happens now.

No Comments

Add Comment
 Your Emai ID will not be published. We will not share or use your e-mail id without your permission. We strictly follow our privacy policy and Terms of Agreement.
Please send me various experts' latest articles, tips, podcasts, books, and blogs in an e-mail every two weeks.
I would like to receive instant updates in an e-mail about Kelley Rexroad’s latest articles, blogs and other valuable resources
I would like to receive instant updates in an e-mail when Kelley Rexroad or some one else responds to this particular blog
LinkedIN     Facebook     Twitter     Bebo     Plaxo     Brightkite     WordPress    
- eArticles
- eBook
- eTips
- eAudio
- eVideo
- Free Article
- Free Book
- Free Audio
- Free Video
Copyright © 2007-2009 WWW.LINKTOEXPERT.COM. All rights reserved.