Extending COBRA subsidy likely rests on reform – Articles – Employee Benefit News
By Lydell C. Bridgeford
November 1, 2009
In September, House lawmakers approved a bill granting workers in 27 states another 13 weeks of unemployment insurance benefits. For employers, the move may signal that Congress is willing to extend the Dec. 31 eligibility date for the COBRA subsidy program if lawmakers fail to agree on health care legislation by the end of the year.
The sentiment is that the COBRA subsidy is working – providing health insurance to individuals when they need it most, says Karen Frost, Hewitt’s health and welfare outsourcing leader. According to Frost, whether Congress extends the Dec. 31 eligibility date for the subsidy depends on health care reform.
Extending COBRA subsidy likely rests on reform – Articles – Employee Benefit News
