UPDATE — COBRA Subsidy: DOL Issues Model COBRA Notices and FAQsMarch 23, 2009
As we advised you in our Client Alerts issued on February 25, 2009 and March 5, 2009, the Department of Labor ("DOL") was required to issue model notices with respect to the Consolidated Omnibus Budget Reconciliation Act of 1985 ("COBRA") subsidy enacted under the American Recovery and Reinvestment Act of 2009 (H.R. 1, S. 1). Accordingly, on March 19, 2009, the DOL issued four model notices, which are available on the DOL website by accessing the following link: http://www.dol.gov/ebsa/COBRAmodelnotice.html. Additional guidance also has been issued in the form of FAQs which may be accessed by the following link: http://www.dol.gov/ebsa/COBRA.html.
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