Tuesday, April 7, 2009

Insurance Update - 4/2/2009

DOL, IRS Provide Guidance for COBRA Premium Reduction under ARRA
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The American Recovery and Reinvestment Act (ARRA) signed into law by
President Obama in mid-February included a temporary subsidy to help workers who have involuntarily lost their jobs maintain their healthcare insurance through COBRA. Last month the U.S. Department of Labor (DOL) and the Internal Revenue Service (IRS) provided guidance for employers.

Apr 2009 UBA Newsletter