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What is the government subsidy for COBRA coverage that I heard about?

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What is the government subsidy for COBRA coverage that I heard about?

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The American Recovery and Reinvestment Act of 2009 (ARRA) provides a 65% premium subsidy for employees who were involuntarily terminated (except for gross misconduct) between September 1, 2008 and March 31, 2010 and elect COBRA.

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