Thursday, January 28, 2010

COBRA Premium Reduction Extension Provisions

cashAccording to the Department of Labor's website, an extension has been granted for those who qualify for the Cobra Premium Reduction for an additional 6 months, totaling of 15 months.

This program, enacted under last year's ARRA, offers qualifying people the ability to pay 35% of the Cobra rate for 9 months (now 15 months). That is significant savings to the many families who need this to continue insurance.

To learn more about the specifics - please read the FAQs at COBRA Premium Reduction Extension Provisions

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