Employers Face Deadline After Congress Extends Cobra Subsidy

Summary


COBRA--short for Consolidated Omnibus Budget Reconciliation Act--is a federal law, created to provide covered employees and their immediate families with temporary continued access to employer-sponsored group health-insurance benefits when such access will otherwise be terminated, according to the Web site of the U.S. Department of Labor.

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Employers Face Deadline After Congress Extends Cobra Subsidy

The COBRA health-premium subsidy program under the federal economic-stimulus package has been expanded and extended, and employers are facing a mid-February deadline on...

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