COBRA Continuation Coverage Assistance Under The American Recovery And Reinvestment Act Of 2009

Source: U.S. Department of Labor, February 27, 2009

The American Recovery and Reinvestment Act of 2009 (ARRA) provides for a 65% reduction in COBRA premiums for certain assistance eligible individuals for up to 9 months. An assistance eligible individual is a COBRA “qualified beneficiary” who meets all of the following requirements:

*Is eligible for COBRA continuation coverage at any time during the period beginning September 1, 2008 and ending December 31, 2009;

*Elects COBRA coverage (when first offered or during the additional election period), and

*Has a qualifying event for COBRA coverage that is the employee’s involuntary termination during the period beginning September 1, 2008 and ending December 31, 2009.

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