Looks like the COBRA subsidy may continue to be a thorn in the side of HR and benefits pros.
Legislation introduced in the House of Representatives by Rep. Joe Sestak (D-PA) would extend the subsidy and make those laid off from Jan. 1, 2010 through June 30, 2010 eligible.
Under the proposed bill, the subsidy would be provided for up to 15 months.
Currently, the subsidy is available for up to nine months for people who lost their jobs after Sept. 1, 2008 — and it won’t be available to employees laid off after Dec. 31, 2009.
Without an extension, people who began collecting the subsidy March 1 — when it first became available — will lose it at the end of November.
During your free trial, you can cancel at any time with a single click on your “Account” page. It’s that easy.
