DOL Rewrites COBRA Notice to Make It More ACA-Friendly

The Department of Labor (DOL) has published a proposed rule that would amend the COBRA Notice that employees receive when leaving a company that offers health insurance to make it clear these employees can purchase health insurance on the Affordable Care Act (ACA) marketplaces. Under provisions of the Consolidated Omnibus Budget Reconciliation Act, or COBRA, […]

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Last of COBRA Subsidy Recipients Rolling Off the Rolls

As part of the government's effort to combat the pitfalls of the recession, Congress in March 2009 passed a 65-percent government-funded subsidy for laid-off employees who signed up for a COBRA health insurance extension. The program ran from September 2008 to May 2010, with 15 months of subsidies available for any employee who was "involuntarily […]

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COBRA Is Aptly Named; It Bites Its Victims

The Consolidated Omnibus Budget Reconciliation Act of 1985, now known as COBRA, contains a clause allowing employees to keep their company’s health insurance for up to 18 months after they leave their jobs, provided they pay the premiums. With people being laid off right and left and the ranks of the unemployed rapidly swelling, many […]

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