INSURANCE AND BENEFITS MANAGEMENT

INTERNATIONAL EMPLOYEE BENEFITS

Continuation Coverage Assistance under The American Recovery and Reinvestment Act (COBRA)

The American Recovery and Reinvestment Act of 2009 (ARRA) provides for premium reductions and additional election opportunities for health benefits under the Consolidated Omnibus Budget Reconciliation Act of 1985, commonly called COBRA. Eligible individuals pay only 35 percent of their COBRA premiums and the remaining 65 percent is reimbursed to the coverage provider through a tax credit. The premium reduction applies to periods of health coverage beginning on or after February 17, 2009 and lasts for up to nine months.

Please find below relevant information relating to COBRA which may be beneficial to you.

 


   
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