21 Feb 2010

Window closing on COBRA subsidy?

21 Feb 2010

The most recent iteration of the current jobs bill being considered by the Senate has stripped out a second extension of the 65% COBRA subsidy for certain laid-off workers, according to the Christian Science Monitor (2/11).

With Congress back in session this week, we should get an idea of whether the subsidy will be added back in, considered in a different bill, or allowed to expire on March 1.

California workers at smaller companies who qualify for Cal-Cobra, not COBRA, may also eligible for the subsidy if they are involuntarily terminated before March 1.  You can find detailed information from the Department of Managed Healthcare.

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