Extension and Expansion of COBRA

We would like to remind people that President Obama signed into law on Dec. 21 an extension and expansion of a COBRA premium subsidy law under the American Recovery and Reinvestment Act (ARRA) that was due to expire on Dec. 31. The extension means new compliance obligations for employers, as that the program now runs through Feb. 28, 2010, the subsidy period is expanded by six months and new notice requirements must be met within a tight timeframe. For more information click here. Please take some time and visit our homepage at www.kimberleyvassal.com

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