Earlier this week, the President signed the Temporary Extension Act of 2010 (the “Extension Act”).  The Extension Act extends the COBRA premium subsidy originally adopted in early 2009.

Under the Extension Act, the COBRA premium subsidy is again extended.  The 15-month subsidy now covers employees involuntarily losing their jobs and employer-provided health coverage between February 28, 2010 and March 31, 2010.

For more information, click here for the client alert by Kutak Rock LLP's Employee Benefits Group.