President Barack Obama last week signed into law legislation that provides a 31-day extension of federal subsidies of COBRA health care premiums. The measure, H.R. 4691, extends the 65%, 15-month premium subsidy to employees involuntarily terminated from March 1 through March 31. This week, the Senate is expected to resume consideration of legislation, H.R. 4213, which would extend the premium subsidy to employees laid off through Dec. 31.

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This entry was posted by Adam V. Russo on Friday, March 12th, 2010 at 8:59 am and is filed under Health Care Legislation. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.