By Sunee Mickle,
Director of Government Relations,
Blue Cross and Blue Shield of Kansas
April 28, 2010
COBRA UPDATE: HR 4851 Continuing Extension Act of 2010
New legislation extends COBRA subsidy timeframe that was established by the American Recovery and Reinvestment Act of 2009 (ARRA). President Barack Obama signed into law April 15 the "Continuing Extension Act of 2010" (CEA), extending premium assistance for COBRA benefits to persons who lose group health coverage because of an involuntary termination incurred on or before May 31, 2010. The COBRA subsidy is available for assistance eligible individuals (AEIs) who were:
- Involuntarily terminated between Sept. 1, 2009, and May 31, 2010 or
- Involuntarily terminated March 2, 2010, through May 31, 2010, following a qualifying event that was a reduction of hours occurring between Sept. 1, 2009, and May 31, 2010.
Please note: This information concerning COBRA is provided for your information only. It is presented with the understanding that Blue Cross and Blue Shield of Kansas is not engaged in rendering legal or tax advice. If tax or other professional assistance is required, utilize the services of a certified public accountant, attorney, accountant or other consultant.