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Partner Joshua Zuckerberg Speaks to Yahoo! Hot Jobs About COBRA
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The October 6, 2009 edition of Yahoo! Hot Jobs featured an article setting forth “Top 10 To-Do's After You're Laid Off.”
Pryor Cashman Labor and Employment Partner Joshua Zuckerberg discussed item number 2: COBRA Insurance Coverage. Zuckerberg told Yahoo that the stimulus package enables greatly reduced fees for continuing health insurance coverage under COBRA. The employee only has to pay 35% of the total COBRA premium. This 65 percent savings lasts for nine months, with continuing COBRA benefits available for another nine months at full-price.
To read the article, please click here.
