From: Nolo's Employment Law Blog
Over the weekend, the Senate passed a defense spending bill that
included -- among many other things -- an extension of the COBRA
premium subsidy provision that's about to expire. (You can find the
entire bill at the website of the Library of Congress; search for
the bill number, H.R. 3326, then skip ahead to Section
1010). The House already passed the bill, and it's been sent
to the President for signing. Currently, the COBRA subsidy allows
those who are involuntarily terminated from September 1, 2008,
through December 31, 2009 to receive a subsidy of 65% of their
COBRA premium payments for up to nine months. The subsidy went into
effect on March 1, 2009, which means that the first group of
eligible folks -- those who had already lost their jobs and have
been receiving the subsidy s...
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