COBRA subsidy extended | Arkansas Blog

Wednesday, January 6, 2010

COBRA subsidy extended

Posted By on Wed, Jan 6, 2010 at 12:03 PM

The state Insurance Department today announced extension of federal COBRA subsidies to cover people who lose jobs the first two months of 2010. Also, the subsidy provided for people unemployed in 2009 who want to continue their health coverage with a federal subsidy was extended from nine to 15 months.  Insurance Commissioner Jay Bradford noted that the subsidy for people under state group continuation coverage remains at 120 days.

Bradford said that people who exhausted the nine-month COBRA subsidy and then dropped coverage are eligible to elect COBRA coverage retroactively for six months and receive the federal subsidy. Those who continued coverage at full cost are eligible for a payment or credit for premiums paid above the 35 percent required amount.

Group health plans must notify members of these developments.

This is the American Recovery and Reinvestment Act of 2009 at work. More dastardly socialism -- helping jobless people pay for health insurance.

From the ArkTimes store


Comments (2)

Showing 1-2 of 2

Add a comment

Subscribe to this thread:
Showing 1-2 of 2

Add a comment

More by Max Brantley

Readers also liked…

  • Auditor Lea caught not telling the truth

    State Auditor Andrea Lea, who began her tenure in statewide office with a degree of competence unseen in some other Republican counterparts (think Treasurer Dennis Milligan particularly), is becoming more deeply mired in a political scandal.
    • Mar 4, 2016
  • Donald Trump declares war on Hillary Clinton's marriage

    Donald Trump gave a remarkable interview to the New York Times yesterday in which he declared open season on the marriage of Bill and Hillary Clinton and Bill Clinton's past infidelity. Seems like a loser, but I've been wrong before.
    • Oct 1, 2016
  • Another Republican miracle-working governor

    Great piece in Washington Post on the budget crisis in Louisiana. Big tax cuts and corporate welfare will do that to a state, particularly to a state whose previous governor, Republican Bobby Jindal, refused to join the Obamacare-funded Medicaid expansion. There's a lesson there for Arkansas.
    • Mar 4, 2016

Most Shared

Most Viewed

Most Recent Comments



© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation