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Structure of Firm Severance Package Can Result in Loss of Federal Health Subsidy

COBRA health care continuation coverage is not new. What is new is the ARRA-added federal subsidy for involuntarily terminated workers. This article explains.

25 minute read April 27, 2009 at 08:49 AM
By
Stuart Sirkin
Structure of Firm Severance Package Can Result in Loss of Federal Health Subsidy

The ABA Journal recently reported that at least 3,500 attorneys and staff ' “and perhaps significantly more” ' lost their jobs in March. (Neil, Marth. “March Mayhem Tally Tops 3,500 After End-of-Month Law Firm Layoffs.”

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