Client Alert from the Labor and Employment Group - April 2010COBRA Subsidy Extended - Again - Through May 31, 2010On April 15, 2010, the President signed a law that extends unemployment benefits and the COBRA subsidy that helps individuals who lose their jobs with the cost of health benefits. The extension provides a COBRA premium subsidy for eligible individuals who are involuntarily terminated from employment through May 31, 2010. The law retroactively covers individuals who lost their jobs after the most recent COBRA subsidy expired on March 31, 2010. More information is available at www.dol.gov/COBRA. The information in this Client Alert is a summary of often complex legal issues and may not cover all of the "fine points" of a specific situation or court jurisdiction. Accordingly, it is not intended to be legal advice, which should always be obtained in consultation with an attorney. The lawyers in Walter & Haverfield's Labor and Employment Law Group will be pleased to assist with any questions about this new law. |
