Effective this week, employers no doubt want to claim credit for the federal COBRA subsidy provided in the economic stimulus law. Here's help to do just that.
New information at
Under the new American Recovery and Reinvestment Act, COBRA-eligible employees are responsible for 35% of the cost of COBRA coverage. Employers can receive a credit for the other 65% after submitting:
* Documentation they received the employee´s 35% share of the premium.
* A copy of an invoice from the insurance carrier showing proof of payment.
* Declaration of the former employee´s involuntary termination.