Monthly archive: 06 2009

IRS Provides Guidance on New COBRA Rules

by Doeren Mayhew The bureau recently free guidance, in a question and respond format, addressing how employers are to lot and essay recovery of the new COBRA payment subsidy enacted under the American ecovery and Reinvestment Tax Act of 2009 (P.L. 111-5). The Act provides that an individual who has been involuntarily terminated on or after September 1, 2008, through the end of 2009 is required to clear only 35% of the group health shelter payment to bonded COBRA continuation coverage (up to ni

IRS Provides Guidance on New COBRA Rules

Recently, the IRS addressed how employers are to administer and seek recovery of the new COBRA premium subsidy enacted under the American ecovery and Reinvestment Tax Act of 2009 (P.L. 111-5). The IRS Act provides that an individual who has been involuntarily terminated on or after September 1, 2008, through the end of 2009 is required to pay only 35% of the group health insurance premium to secure COBRA continuation coverage (up to nine months).

Corzine talks policy at Florence family’s kitchen

Mary Jo Russo and some of her Birch Hollow Drive neighbors caught a glimpse of New Jersey’s sitting governor that few residents get to see: his appetite.Gov. Jon S. Corzine was participating in an hour-long chat with Russo and about a dozen Florence residents Tuesday afternoon when he was offered a cookie from a plate of desserts being served for his visit. The governor ended up helping himself to two.The cookies turned out to be an extra benefit from the visit to the Russo family kitchen. The g

Wal-Mart signs on with the statists and central planners

Wal-Mart teamed up with the SEIU in calling for a mandate for employers to provide health insurance. What, are they hoping their employees’ spouses’ employers will provide better coverage than they do? If this was such an important issue to Wal-Mart why are so many of their employees on Medicaid? Maybe they’re trying to undermine the competition, as the US Chamber of Commerce alleged.  The decision by Wal-Mart to break away from the Chamber and its ilk marks the first visible crack in the

Defending the indefensible

When even The Economist says that our health care system needs overhauling — calling it the costliest in the world but with patchy quality — and (shock!)  Walmart supports reforming health care — including a mandate that requires large employers to provide health insurance — you know that America wants real health care reform. The only question is, will Congress manage to give it to us? Senator Richard Shelby (R-Alabama) said on Sunday that the US has “the best health care system the wo