The Stimulus Package…Changes Regarding COBRA Continuation Do you have questions about the Stimulus Package? We are available to help! The Stimulus package, which was enacted as the American Recovery and Reinvestment Act of 2009 (ARRA) temporarily reduces the premium for COBRA coverage for eligible individuals. Who is eligible under this program? An “assistance eligible individual” [...]
Filed under: Blog, NewsletterTagged with: Economic stimulus
American Recovery & Reinvestment Act of 2009 – COBRA Premium Reduction
February 27, 2009
The American Recovery and Reinvestment Act of 2009 (ARRA) provides for premium reductions and additional election opportunities for health benefits under the Consolidated Omnibus Budget Reconciliation Act of 1985, commonly called COBRA. Eligible individuals pay only 35% of their COBRA premiums and the remaining 65% is reimbursed to the coverage provider through a tax credit. [...]
Filed under: Blog“Thank you for all of your help! You guys really went the extra mile for us and it is very much appreciated!”by Kasee S., Office Manager
