WASHINGTON—President Obama late Thursday night signed H.R. 4851, the Continuing Extension Act of 2010. Final passage in the House (289-112) and Senate (59-38) guaranteed several extensions to government programs, including Consolidated Omnibus Budget Reconciliation Act (COBRA) health care insurance benefits and emergency unemployment benefits.
Under H.R. 4851, the 65%, 15-month premium subsidy for laid-off workers is extended to those involuntarily terminated from April 1, 2010 through May 31, 2010.
Without the extension, employees laid off after March 31, 2010 would have been ineligible for the subsidy.
Meanwhile, the Senate Wednesday will continue consideration of legislation, H.R. 4213, that would extend the premium subsidy to employees laid off through Dec. 31, 2010.
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