Articles about the COBRA Subsidy

The stimulus bill which was signed into law by Barrack Obama on February 17, 2009, includes a statute known as the COBRA Subsidy. This in fact is a subsidy offered through the Department of Labor which requires your former employeer to pay the bill for your COBRA premium.  This includes the former employeer paying 65% of your COBRA premium as long as you became eligible for COBRA between Sept. 1, 2008, and Dec. 31, 2009. So if you lost your job between these two dates, you are eligible for this subsidy. Though this may seem dry and clean cut, the fact is employeers have to pay your insurance premiums for you for 9 months, and if they can avoid doing that, they will. Below you will find many articles about the COBRA subsidy, how to see if your eligiable and much more. Click any article below to see more information.

If you want information about COBRA health insurance, click here. If you are interested in seeing the most recent blog posts about the COBRA subsidy, click here.

• Cobra Subsidy from the Government
  
  The economic stimulus package signed into law by President Obama on February 17, 2009 includes a subsidy of COBRA premiums for up to nine months for certain employees involuntarily terminated between September 1, 2008 and December 31, 2009 and their spouses and dependents. The subsidy, which is set at 65% of the otherwise applicable COBRA premium, will ultimately be funded by the Federal government through an offset of payroll taxes for the entity (in most cases, the employer) that initially bears the burden of the subsidy.