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|New Model Notices Reflect Latest Extension of COBRA Subsidy|
Haynes and Boone, LLP
Mar. 22, 2010
Excerpt: Plans must provide the updated Notice of New Election Period to an individual who: Experiences a qualifying event that was a reduction in hours from September 1, 2008 through March 31, 2010; Subsequently experiences a termination of employment from March 2, 2010 through March 31, 2010; and Either did not elect COBRA coverage when it was first offered or elected COBRA coverage but later discontinued the coverage. Date Notice Must Be Provided: Within 60 days of the termination of employment.
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