• New COBRA Subsidies Under the ARRA
  • October 19, 2015 | Author: Russell L. Lichtenstein
  • Law Firm: Cooper Levenson, P.A. - Atlantic City Office
  • On February 17, 2009, President Barack Obama signed into law the American Recovery and Reinvestment Act of 2009 (“ARRA”), commonly known as the Economic Stimulus package. One of the key provisions of the ARRA provides for a subsidy of COBRA benefits. Employers advance this subsidy for payment of COBRA premiums, which is thereafter reimbursed through a credit against the employer’s payroll taxes.