Quote:
Originally Posted by sandycat
If I own a business and lay off workers, is it true that under some new COBRA law, I have to pay 65% of the cost while the unemployed worker pays 35%? Someone mentioned to me the other day how she suddenly hates Obama because now they have to foot the bill for COBRA benefits. Does anyone know what she's talking about?
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Yes, it is part of American Reinvestment and Recovery Act. I will find a link for you.
http://www.dol.gov/ebsa/faqs/faq-cobra-premiumreductioner.html (broken link)