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COBRA coverage extended for the unemployed

 Congress has extended the law that allows additional COBRA coverage for workers laid off because of the recession. The new law grants a six-month extension of the 65-percent COBRA health insurance subsidy to cover workers laid off through February 28, 2010. Under the original law, the benefit extension was available only to workers who were laid off on or before December 31, 2009. The six-month extension will be provided for workers whose normal nine-month coverage has run out.

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