The Senate is expected to vote later today to proceed with H.R. 4851, the “Continuing Extension Act of 2010,” which would extend the end date of eligibility for COBRA premium reduction under the ARRA to April 30, 2010. The exact language from the Bill is as follows:
SEC. 3. EXTENSION AND IMPROVEMENT OF PREMIUM ASSISTANCE FOR COBRA BENEFITS.
Subsection (a)(3)(A) of section 3001 of division B of the American Recovery and Reinvestment Act of 2009 (Public Law 111-5), as amended by section 3(a) of the Temporary Extension Act of 2010 (Public Law 111-144), is amended by striking `March 31, 2010' and inserting `April 30, 2010'.
Together with our customers, Benaissance is working to modify COBRApoint to empower customers to comply with the new requirements on behalf of their employer clients. To learn more, please contact us at sales@benaissance.com or call 877-884-7021.