On April 15th, President Obama signed legislation to extend unemployment and COBRA benefits again for the short term. The Continuing Extension Act of 2010 (HR 4851) provides an extension for Federal Emergency Unemployment Compensation (EUC) and Federal Additional Compensation (FAC) benefits by extending the deadline for filing applications for benefits to June 10, 2010. Unemployment benefit payments would be extended through November 6, 2010. More information is available through your state’s unemployment benefits website.
The 65% COBRA subsidy would continue to be available for people who lost their jobs through May 31, 2010. Click here for more information on Cobra’s Continuation Coverage.
There was much debate in Congress about the funding of these extensions. There is currently legislation pending that would extend both unemployment and COBRA subsidy eligibility through the rest of this year.