COBRA Subsisdy Set to be Extended


With the COBRA subsidy having expired, Congress has moved ahead to extend the subsidy.

Section 1010 of the Department of Defense Appropriations Act, 2010 extends the COBRA subsidy program for six more months, moving from a nine month subsidy to a 15 month subsidy.

It also extends the eligibility for workers from December 31, 2009 to February 28, 2010.

Since the change is included in the Department of Defense Appropriations Act for 2010 (military spending for the year), everyone expects President Obama to sign it shortly.