COBRA Subsidy (and Cal-COBRA)

The new COBRA subsidy is getting an enormous amount of press. In brief, individuals & families who qualify for the subsidy (must be involuntarily terminated from employment between September 2008 and December 2009 and meet an income guideline) are eligible to receive 65% of the COBRA premium as a subsidy from the former employer for the first 9 months. In addition, the same rules will apply to