Good News for people on COBRA--Reduced Rate Extended 6 more months

President Obama recently signed legislation that allows the continuation of the COBRA Premium Subsidy for six more months--following the terms of the coverage.  This means that qualified individuals pay 35% of their COBRA payments for 15 months rather than 9 months. 

This legislation goes a long way to assist people to maintain adequate levels of health insurance protection while they are changing jobs.

The link does not have information about the extended coverage--perhaps that is too new for the website.