|
My Account »
If you find DocuTicker useful, please supply a testimonial »
|
Home > DocuBase > Article
« All DocuBase Articles
| |
US Labor Department announces updated model notices and educational material on extension of COBRA subsidy
March 23, 2010 13:20
US Labor Department announces updated model notices and educational material on extension of COBRA subsidy
Source: U.S. Department of Labor
The U.S. Department of Labor today released updated model notice packages to enable group health plans and employers to provide notice on the availability of the Consolidated Omnibus Budget Reconciliation Act continuation coverage premium reductions under the American Recovery and Reinvestment Act through March 31.
The Temporary Extension Act amended the Recovery Act's COBRA premium reduction provisions by extending the eligibility period through March 2010 and modifying the definition of assistance-eligible individuals to include individuals who were involuntarily terminated after first losing health coverage related to having their hours of work reduced. The subsidy allows individuals to pay only 35 percent of their COBRA premiums; the remaining 65 percent is reimbursed to the employer through a tax credit.
+ COBRA Continuation Coverage Assistance Under ARRA
Category:
Source:
|
|
