An extension for subsidies for those receiving insurance coverage under the auspices of the Consolidated Omnibus Budget Reconciliation Act (COBRA) is in the works according to published reports.
According to the Washington Post, Senate Majority Leader Harry Reid (D. – Nev.) and Senate Minority Leader Mitch McConnell (R.-Ky.) were are discussing another extension of COBRA benefits for laid off workers. When the American Recovery and Reinvestment Act ff 2009 passed, it provided a 65% subsidy on COBRA premiums for nine months for unemployed workers.
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