Labor & Employment Law

Revised Federal Tax Bill Does NOT Include COBRA Subsidy Extension

For those who are still wondering about the ongoing COBRA subsidy, it looks as though it has finally reached its end (so far, anyway).  The recent tax bill proposed in Congress does not include an extension and the subsidy therefore will not be applicable to those laid off after May 31, 2010.  Note, however, that those currently eligible for the subsidy will likely remain eligible for the reduced premium through the end of the year.

For more information, follow this link to an article on this subject.

Full post as published by Strategic HR Lawyer on June 22, 2010 (boomark / email).