On February 17, 2009, President Obama signed into law the American Recovery and Reinvestment Act of 2009 (ARRA), which, among other things, provides for a nine-month subsidy of COBRA premiums for employees who are involuntarily terminated. The new COBRA provisions affect group health plans subject to federal COBRA (except health FSAs) as well as small employer plans exempt from COBRA but subject to state law coverage continuation rules. The new law, which becomes effective with the first monthly period of COBRA coverage beginning on or after February 17, 2009 (for most plans, this means March 1, 2009) also subjects employers and insurers to additional administrative, notice and reporting requirements. This webinar will explain the new law and the steps employers should be taking now to ensure compliance .

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