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Further Extension of Cobra Premium Subsidy

As reported in our January and March 2010 Client Alerts, the 65% COBRA premium subsidy eligibility period was extended and then re-extended to March 31, 2010. This date has now been further extended to May 31, 2010. Congress continues to consider an additional extension to the end of 2010.

This alert is a publication of Loeb & Loeb LLP and is intended to provide information on recent legal developments. This alert does not create or continue an attorney client relationship nor should it be construed as legal advice or an opinion on specific situations.

Circular 230 Disclosure: To ensure compliance with Treasury Department rules governing tax practice, we inform you that any advice contained herein (including any attachments) (1) was not written and is not intended to be used, and cannot be used, for the purpose of avoiding any federal tax penalty that may be imposed on the taxpayer; and (2) may not be used in connection with promoting, marketing or recommending to another person any transaction or matter addressed herein.