|
ARRA of 2009
President Obama signed the American Recovery and Reinvestment Act (ARRA) on February 17,
2009. The law gives “Assistance Eligible Individuals” the right to pay reduced COBRA
premiums for periods of coverage beginning on or after February 17, 2009 and can last up to 9
months.
Individuals who experienced a qualifying event as the result of an involuntary termination of
employment at any time from September 1, 2008 through February 16, 2009 and were offered,
but did not elect, continuation coverage OR who elected continuation coverage and subsequently
discontinued it may have he right to an additional 60-day election period.
|
|
