On February 17, 2009, President Obama signed the Economic Stimulus Bill into law. This legislation includes provisions affecting the continuation of health insurance coverage (“continuation coverage”) covered employers must make available to certain former employees and their families under provisions of the “Consolidated Omnibus Budget Reconciliation Act of 1985” (COBRA).
PBA has prepared a snapshot of the key provisions of the Stimulus Bill that touch COBRA continuation coverage, and how employers may be affected.
With the March 1st effective date just around the corner, read, share, and download the following document:
PBA Business Alert on COBRA Feb 2009