COBRA Premium Assistance Affects Employees and Employers
April 28th, 2009
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The American Recovery and Reinvestment Act (the Act) provides COBRA premium assistance, which offers a temporary 65% reduction in COBRA premiums for eligible beneficiaries. This new provision will affect former employees receiving or eligible to receive COBRA health insurance coverage and their families, as well as employers.
COBRA is a federal law that allows employees, their [...]
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