Employer FAQs – COBRA Premium Reduction Under American Recovery and Reinvestment Act
Q1: What is the new COBRA subsidy provision contained in the stimulus package signed by the President? The stimulus package, which was enacted as the American Recovery and Reinvestment Act of 2009 (ARRA) temporarily reduces the premium for COBRA coverage for eligible individuals. COBRA (the Consolidated Omnibus Budget Reconciliation Act of 1985) allows certain people […]