COBRA subsidies expired as of June 1, 2010
June 28, 2010The COBRA subsidies expired as of June 1, 2010. This means that workers who lose jobs on or after this date will not be eligible for the 65% subsidy for the COBRA monthly premiums.
Congress is working on a legislative fix, but its unclear yet whether it will be approved. If lawmakers choose not to extend the Cobra subsidy, the only people who could claim those subsidies for 15 months are those who were laid off between Sept. 2008 and May 31,2010.