← Back to News & Updates
Anthem's COBRA Subsidy Action Plan and Compliance Update
Mar 05, 2009
On February 17, 2009, President Obama signed into law the American Recovery and Reinvestment Act (the "Act"), which includes several important changes to COBRA.
The Act provides for a federal subsidy of 65 percent of the COBRA continuation coverage premiums for qualified beneficiaries receiving COBRA continuation coverage due to the covered employee's involuntary termination of employment between September 1, 2008 and December 31, 2009.
The attached COBRA Subsidy Action Plan
and Compliance Update
provide detailed information.
If you have questions, please contact
your B&P Sales Representative.