COBRA Compliance Alert #12
Department of Labor’s Employee Benefits Security Administration has posted an additional COBRA Continuation Coverage update on their dedicated COBRA Webpage:
- Qualifying Event eligibility range for ARRA Subsidy remains September 1, 2008 to May 31, 2010
- The Unemployment Compensation Extension Act of 2010, signed by the President on July 22, 2010, did not extend the COBRA premium reduction.
- Note: only those whose qualifying event occurred on or before May 31, 2010 are eligible for the ARRA Subsidy, and may continue to receive the premium assistance for up to 15 months, depending upon their eligibility for other group health plans or Medicare.
Further information is also available at http://www.dol.gov/COBRA