Grand Junction, Colorado Insurance Planning Alternatives
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Archive for March, 2010

COBRA Subsidy Eligibility Period Extended to 3/31/2010

Thursday, March 4th, 2010 | Uncategorized | Comments Off

On March 2, 2010 The American Reinvestment and Recovery Act (ARRA) was amended.  

You know this, this is the act that allows assistance eligible individuals (AEI)  to receive a subsidy of 65% of their COBRA premium for up to 15 months. 

The changes made are that the last day of the period in which an employee must be involuntarily terminated to be eligible for the subsidy was extended, from 2/28/10 to 3/31/10. 

Also, An involuntary termination of employment that occurs on or after March 2, 2010 and follows a qualifying event that was a reduction of hours and that occurred at any time from September 1, 2008 through March 31, 2010 is now a qualifying event for purposes of ARRA.

You can read the notice here:

 http://www.dol.gov/ebsa/cobra.html

We will publish more information and links to notices as they become available.

Online Premium Comparisons

Wednesday, March 3rd, 2010 | Uncategorized | Comments Off

The Colorado Division of Insurance has added a handy tool that allows you to compare premiums for auto, homeowners and small group health insurance.

You can compare available carriers city by city.  Check it out here:

http://www.dora.state.co.us/pls/real/Ins_Survey_Reports.Home