New Jobs Bill Includes COBRA Subsidy Extension
As expected, Senate Majority Leader Harry Reid (D-NV) has released the second portion of the “Jobs Package,” H.R. 4154, the American Workers, State, and Business Relief Act of 2010. The bill includes a number of provisions to extend expiring programs, including the COBRA premium subsidy. More specifically, Section 211 provides:
For your convenience the bill has been posted to the WageWorks® Compliance Center. See Section 211, starting on page 42, for the specific language dealing with the COBRA subsidy extension.