A federal subsidy providing a 65 percent reduction for the cost of COBRA coverage will end Sept. 1.
This federal COBRA premium assistance program was implemented in 2009 under the American Recovery and Reinvestment Act (ARRA). Enrollment in the program ended in May 2010, but extensions stretched the subsides out for 15 months. Workers who were involuntarily terminated between Sept. 1, 2008, and May 31, 2010, were eligible to receive help.
[See also: 5 tips for life after COBRA]
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