cobrabusters.com » COBRA

Teleseminar for Employers re: Economic Stimulus Recovery Act and COBRA

cb — Fri, 20 Feb 2009 15:33:16 +0000

I’m holding a teleseminar for employers and HR Professionals only on February 25, from 2 to 3 pm to discuss the impact of the Economic Stimulus Recovery ACT on employers. Employers and HR professionals can get the details for this teleseminar by signing up for the COBRABusters.com newsletter at right.

Employers are now required by law to subsidize COBRA and State of Texas Continuation payments by 65% for any employees and their dependents who were terminated between September 1, 2008 through December 31, 2009. Employers will also be required to give notice of this subsidization option to terminated employees, as well as provide emplyees with an additional 60 days to select COBRA. The mechanics and the paperwork that will be required of employers in order to comply with this law and attain reimbursement for the subsidization will also be discussed.

Please forward information about this teleseminar and how to sign up to the appropriate person at your former or current employer, and any HR professionals. There is much lack of detail and clarity in this legislation, and it is to everyone’s benefit to understand how this legislation impacts their company or former company and the new immediate requirements that this legislation places on employers.

The teleseminar line for employers holds 100 callers but the call will be recorded and available to download and listen to later at GroupBenefitsAdvisors.com, a sister website to COBRABusters.com.

Teleseminar Details to Discuss Impact on Job Seekers of the Economic Stimulus Act

cb — Fri, 20 Feb 2009 15:13:45 +0000

I’m conducting teleseminars in the evening on Tuesday Feb. 24 and Wednesday Feb. 25 to discuss the impact of the Economic Stimulus and Recovery Act upon job seekers. We will discuss the COBRA subsidy and the favorable tax treatment of unemployment benefits that are part of this law.

Each Teleseminar will hold 100 people, but cach call will be recorded and posted the next day so those who miss get access to the information.

The Economic Stimulus and Recovery Act and YOU!

cb — Thu, 19 Feb 2009 21:04:10 +0000

Economic Stimulus & Recovery Act and YOU

The Economic Stimulus and Recovery ACT that was signed into law on February 17th contains provisions that impact virtually every citizen and every business in the country.

Many of the details and specifics in the bill are unclear or have not yet been worked out. There are numerous questions about how this new law affects job seekers who have been involuntarily terminated. Specifically, employees (and their dependents) who are involuntarily terminated from from September 1, 2008 through December 31, 2009, who is or was eligible for COBRA or TX State Continuation benefits will be able to receive a 65% subsidization of their COBRA benefits for a period of up to nine months.

In addition, these same individuals may be eligible to receive a tax credit on a portion of their unemployment compensation, dependent upon their income level.

Like most federal legislation, the devil is in the details, and how this will work has not yet been determined. I am working hard to get the facts and the details on this legislation to share it with you. I will be conducting a teleseminar next Tuesday, February 24th and next Wednesday February 25th for job-seekers from 7 pm to 8 pm each evening to explain what is known at this point about the legislation and how it affects their unemployment and COBRA decisions, and to answer any questions. Each teleseminar will hold 100 callers. The teleseminars will be recorded and will be available for download the following day for those who were unable to join us on the call.

To get the job seeker teleseminar details and the phone number to call, just subscribe to the COBRABusters.com newsletter at the right and I’ll send you the information.

I will also hold a special teleseminar for employers and HR professionals only on Wednesday February 25th from 2 to 3 pm to review the specifics of the bill on employers and share the available details of the impact of this law on employers. The bill requires employers to subsidize COBRA payments of employees who have been terminated during this time period by 65%, and employers will in turn be reimbursed somehow for these subsidies, and there will be new record keeping requirements for employers and this will be of this teleseminar.

Please refer this post to your company and HR professionals so that they can get this information. They can subscribe to the www.GroupBenefitsAdvisors.com newsletter to get all of the details about this employers and HR professionals only teleseminar scheduled for Wednesday, February 25th.