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The White House
Office of the Press Secretary
For Immediate Release March 03, 2010
Statement by The Press Secretary on H.R. 4691
On Tuesday, March 2, 2010 the President signed into law: H.R. 4691, the “Temporary Extension Act of 2010,” which provides short-term extensions of several authorities, including those related to: (1) unemployment compensation; (2)COBRA premiums; (3)Medicare physician payments; (4)Medicare therapy caps; (5) surface transportation programs; (6)flood insurance programs; (7)retransmission of television broadcasts; (8)Federal poverty guidelines; and (9) Small Business Administration loan guarantees
COBRA Subsidy and UI Extension Signed Into Law
On March 2, 2010, the U.S. Senate passed H.R. 4691, the Temporary Extension Act of 2010 by a vote of 78-19. This Senate action follows House passage of H.R. 4691 on February 25, 2010. The President immediately signed this bill into law on March 2, 2010. The Temporary Extension Act:
- Extends the COBRA subsidy program that was enacted under the American Recovery and Reinvestment Act and
- Extends unemployment benefits through April 5, 2010.
COBRA The law’s COBRA provisions:
- Extend the eligibility period for the 15-month 65 percent premium subsidy to those involuntarily terminated from March 1 through March 31, 2010.
- Allow employees to receive the subsidy if they first lost group coverage due to a reduction in hours and then were terminated after enactment of the bill.
Unemployment Insurance The law’s unemployment insurance benefit provisions:
- Extend the period during which individuals may file applications for Federal Emergency Unemployment Compensation (EUC) from the current end date of February 28, 2010 to April 5, 2010 and the period during which individuals may claim and be paid EUC is extended from July 31, 2010 to September 4, 2010.
- Extend the period during which individuals may qualify for the Federal Additional Compensation (FAC), the extra $25 weekly benefit amount on state and federal unemployment compensation, from the current end date of February 28, 2010 to April 5, 2010 with weekly payment provided during the phase out period for weeks ending October 5, 2010 instead of August 31, 2010.
- Extend the period during which 100% federal reimbursement for weeks of regular federal extended benefit payments to April 5, 2010, with the state option to continue the extended period from July 31, 2010 to September 4, 2010.
Additional Extension
These “short-term” extensions of the COBRA subsidy and unemployment benefits are intended to give Congress more time to consider legislation to extend these programs through 2010. Under H.R. 4213, a bill the Senate is currently debating, both the COBRA subsidy program and unemployment benefits would be extended through December 31, 2010. |