President Obama Tuesday night signed into law legislation that provides a stopgap, 31-day extension of federal subsidies of COBRA health care premiums. The measure was approved earlier Tuesday by the Senate on a 78-19 vote, while the House cleared it last week. Under H.R. 4691, the 65%, 15-month premium subsidy for laid-off workers is extended […]
COBRA health insurance premium subsidies would be extended and expanded under a new jobs bill being put together by Senate Majority Leader Harry Reid, D-Nev. In its current version, the draft bill would extend the COBRA premium subsidy to involuntarily terminated employees another 10 months, so employees laid off through year-end would be eligible for […]
President Obama has signed a bill that extends federal COBRA health insurance premium subsidies for the unemployed. The Senate, in a rare Saturday session, passed H.R. 3326 on an 88-10 vote. The measure—a military spending bill that the House passed earlier last week—includes a provision that extends the nine-month, 65% premium federal subsidy by six […]
