DOL Analysis of COBRA Provisions of ARRTA of 2009

The DOL updates its website to include a discussion of the new COBRA provisions enacted as part of the American Recovery and Reinvestment Tax Act of 2009.

Document Excerpt

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.

 

 

Link     http://www.dol.gov/ebsa/COBRA.html

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