• COBRA Strike 3: Another Extension of COBRA Subsidy
  • March 19, 2010 | Authors: Yelena Fertman; Marlene P. Frank; Sarah Heck Griffin; Elena Kaplan
  • Law Firms: Jones Day - Chicago Office ; Jones Day - Columbus Office ; Jones Day - Los Angeles Office ; Jones Day - Atlanta Office
  • The COBRA subsidy was originally enacted in the American Recovery and Reinvestment Act of 2009 (“ARRA”) to provide subsidized COBRA benefits to assistance eligible individuals who were involuntarily terminated from employment between September 1, 2008, and December 31, 2009. The Department of Defense Appropriations Act, 2010 (“DOD Act”) extended the availability of the subsidy to assistance eligible individuals who were involuntarily terminated through February 28, 2010. The Temporary Extension Act of 2010 (the “TEA”), signed into law on March 2, 2010, provides an additional extension of the COBRA subsidy to involuntary terminations occurring through March 31, 2010. In addition to the extension of the involuntary termination period, the TEA made other changes to the COBRA subsidy provisions of ARRA.