Friday, April 23, 2010

COBRA Subsidy Extended

COBRA Subsidy Program Extended

WinnerQuotes Insurance Services, Inc. is happy to inform you that the COBRA Subsidy Program has been extended.

The Continuing Extension Act of 2010 (the Act) was signed into law by President Obama on Thursday, April 15, 2010. The Act extends the COBRA subsidy eligibility period originally introduced under the American Recovery and Reinvestment Act of 2009 (ARRA), as amended by the Department of Defense Appropriations Act, 2010 (2010 DoD Act) and the Temporary Extension Act of 2010 (TEA).

The Act extends the eligibility period for the COBRA subsidy program until May 31, 2010. Individuals that experience an involuntary termination of employment through May 31, 2010 are eligible for the subsidy available under ARRA.

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