Governor Paterson Signs COBRA Enrollment Extension Bill into Law
Governor David Paterson signed A.6740(Morelle)/S.3068 (Breslin) into law on 3/20/09. The new law takes effect immediately Here's a link to the Governor's Press Release: Press Release
Here's a link to the NYS Insurance Department web site with COBRA FAQs: http://www.ins.state.ny.us/cobra/cobra_federal.htm
Federal Changes to COBRA
Stimulus Bill Changes Employer COBRA Requirements
Over the next two weeks, the Department of Labor will be issuing notice requirement for employers. To help keep an eye on the department website for updates, there is a "Subscribe To This Page" link, allowing users to receive e-mail updates when new items are posted.
The IRS Provides COBRA Information
You can also view information concerning the Stimulus Bill changes to employer COBRA requirements from the Department of the Treasury.
COBRA Provisions in American Recovery and Reinvestment Act 02.16.09