HR COBRA Extention

    HR COBRA Extention

Cobra Subsidy Extended Until May 31st


President Barack Obama signed legislation April 15th extending extra
unemployment benefits through May 31st, including subsidies to help laid-off employees buy health insurance
under COBRA rules

Involuntarily terminated employees are eligible for COBRA premium assistance under this Act.
This extension is retroactive for individuals involuntarily terminated prior to its signing.

Employers are required to inform all eligible employees of their rights to elect COBRA coverage
at the subsidized rates.

Employers are encouraged to update all COBRA notifications to reflect the extended date of
May 31, 2010.

Let Access Systems, Inc. be a part of your organization compliance circle. Our consultants are
available to assist you with an audit of your Human Resource records to ensure you are in
compliance with many government regulations. Contact Tammie Smith at 865.219.9112, x876 to schedule
an appointment.