Under the American Recovery and Reinvestment Act of 2009, eligible individuals receive a 65 percent reduction in their COBRA premiums. But that benefit ended Dec. 31, 2009.
Under current law, if individuals get laid off in January 2010, they will not be eligible for the 65 percent COBRA subsidy. However, that may change soon.
The Extended COBRA Continuation Act of 2009 has been introduced as legislation to extend the premium reduction into 2010
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