COBRA Premium Reduction Information
NOTICE: The American Recovery and Reinvestment Act of 2009 (ARRA), as amended on December 19, 2009, by the Department of Defense Appropriations Act, 2010 (2010 DOD Act) provides for premium reductions for health benefits under the Consolidated Omnibus Budget Reconciliation Act of 1985, commonly called COBRA. The 2010 DOD Act extended the COBRA premium reduction eligibility period. The involuntary termination must occur during the period that began September 1, 2008, and ends on May 31, 2010. The premium reduction applies to periods of health coverage that began on or after February 17, 2009, and lasts for up to 15 months.
COBRA Reduction
Helpful links:
- IRS COBRA Health Insurance Premium Subsidy Information
- How to Administer the COBRA Continuation Subsidy
Last Modified on 07/07/2010