COBRA Information From the Department of Labor
Written by Marlo .
Information regarding COBRA and, specifically, the COBRA premium reduction extension can be gathered directly at the Department of Labor website. This site receives many questions about the COBRA premium reduction from employees and employers and the DOL does a great job of addressing the questions with up-to-date information.
On December 21, 2009, Phyllis C. Borzi, Assistant Secretary of the Employee Benefits Security Administration, issued a statement posted to the site: “I am pleased Congress has acted and the President has signed the Fiscal Year 2010 Defense Appropriations Act. The act extends the eligibility period for the COBRA premium reduction for an additional two months (through Feb. 28, 2010) and the maximum period for receiving the subsidy for an additional six months (from nine to 15 months).”
She encourages employers and employees alike to visit and make use of the site to find current and accurate information.
COBRA Information From the Department of Labor originally appeared on About.com Business Insurance on Monday, December 28th, 2009 at 12:35:02.