Both houses of Congress are considering legislation that would extend subsidies for those receiving insurance coverage under the auspices of the Consolidated Omnibus Budget Reconciliation Act (COBRA).
When the American Recovery and Reinvestment Act passed in February, it provided a 65% subsidy on COBRA premiums for nine months for unemployed workers. With those subsidies set to expire on Dec. 31, 2009, bills have been introduced to extend the subsidies until next June.
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