The new measure also allows employees to benefit from the subsidy if they first lost group coverage due to a reduction in hours and then were terminated after enactment of the legislation.
Note: Legislation just introduced in Congress (the “American Workers, State and Business Relief Act”) would extend the COBRA subsidy program through the end of the year.
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/27702/cobra-subsidy-extended-again "