- Category
- Client Alerts
- Date
- Feb. 24, 2009
- Title
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Employee Benefits Alert: Stimulus Plan Provides COBRA Subsidy for Involuntarily Terminated Employees
The American Recovery and Reinvestment Act of 2009 temporarily modifies aspects of the COBRA Act of 1985, and is effective as of February 17, 2009. Its most important feature provides a 65% subsidy for up to nine months for the cost of COBRA benefits in respect of employees who lose health care coverage due to an involuntary termination.
Media Attachments
Related People
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Avram J. Cahn
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- Special Counsel
- Co-author
- New York
- vcard
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