Thursday, March 4, 2010

Health Premium Subsidy Eligibility Period Extended to March 31

The Senate voted Tuesday, March 2, to extend benefits for involutarily terminated workers. The measure includes an additional 30-day eligibility period of the health benefits premium subsidty for COBRA and state continuation coverage. The extension is retroactive to March 1. As a result of the latest law, most individuals involuntarily terminated from employment between March 1 and March 31 will now be eligible to apply for the 65 percent premium reduction and continuation coverage.

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