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American Recovery and Reinvestment Act Program Guide
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COBRA Premium Assistance
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| Progress Indicator |
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| Guidance Available |
Application Processes Open |
Application Processes Closed |
Award Processes Completed |
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| Federal Program Information |
| Federal Program Description |
The American Recovery and Reinvestment Act of 2009 contains COBRA premium assistance provisions that expand COBRA eligibility and provide eligible individuals with a 65 percent reduction of their COBRA premiums for up to 9 months. If eligible, these individuals pay only 35 percent of their COBRA premiums to the plan and the remaining 65 percent is paid by the employer through a payroll tax credit.
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| CFDA Number |
17.151 |
| Assistance Type |
Insurance |
| ARRA Citation |
Page 341, Section 3000- Premium Assistance for COBRA Benefits |
| ARRA Reporting |
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ARRA requires:
As soon as practicable after the last period of COBRA continuation coverage for which premium reduction is provided under this section, the Secretary of the Treasury shall submit a final report … that includes—
(i) the number of individuals provided premium reduction under this section;
(ii) the average dollar amount (monthly and annually) of premium reductions provided to such individuals; and
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(iii) the total amount of expenditures incurred (with administrative expenditures noted separately) in connection with premium reduction under this section. |
| Federal Agency |
Department of Labor |
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| NYS Information |
| NYS Program Title |
COBRA and Premium Assistance (COBRA and State Continuation Coverage Premium Subsidy Pursuant to ARRA, Continuation Coverage Extension to 36 Months) |
| NYS Agency |
Department of Labor, Department of Insurance |
| Contact |
Nancy Dunphy |
| Email |
Nancy.dunphy@labor.state.ny.us |
| Phone |
518-457-5124 |
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| Program Funding |
| National Total |
NA - There is no budget allocation. COBRA Premium Assistance is paid for through a reduction in employment taxes due from employers on IRS Form 941. Estimated cost to the Federal government in lost tax revenues for FY 09 $5,925,000 |
| NYS Share |
There will be no impact on state revenues as employers receive no offset for state employment taxes. |
| Flow of Funds |
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| Deadline |
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| Awards and Outcomes |
| Website |
http://www.recovery.gov/transparency/pages/home.aspx?State=NY |
