Benefits experts say COBRA subsidy will be extended
Posted on 30 November 2009
By Mark Miller
Permanent URL of this article: http://retirementrevised.com/money/benefits-experts-say-cobra-subsidy-will-be-extended
Employee benefits experts tell Business Insurance magazine that Congress almost certainly will extend the COBRA health care subsidy, which begins to expire today for some beneficiaries. Consensus seems to be the subsidy extension vote will occur in mid-December or later in the month, but no one seems sure about the details of the extension legislation.
Read the full story here; coverage at The Hill is here; earlier RR COBRA subsidy coverage is here.
December 25th, 2009 at 4:34 pm
My 9 months utilizing Cobra subsidy is now terminated. My premiums are now $475. I cannot afford that. I am praying the bill passes, and soon. I have untill the end of December to pay my December premium. When will we know if there is an extension? when will we know if we can keep our insurance?
December 25th, 2009 at 4:46 pm
The COBRA extension has been signed into law. Details here:
http://www.washingtonpost.com/wp-dyn/content/article/2009/12/23/AR2009122303100.html