What the Obama Stimulus Plan Means for Employers: COBRA, Benefits, and More
Known as the "Stimulus Bill," the American Recovery and Reinvestment Act (ARRA)
was signed into law by President Obama on February 17, 2009. The $787 billion
stimulus package will have a far-reaching affect on the country's economy --
and for every American employer.
So what the biggest issues facing HR in the ARRA?
As part of the package, the federal government is providing a nine-month subsidy
covering 65% of the COBRA premium for "Assistance Eligible Individuals" (workers
involuntarily terminated between September 1, 2008, and December 31, 2009). The
stimulus package also includes extended unemployment benefits and provisions
addressing tax credits and relief, health information privacy, visas, executive
compensation, and whistleblowers.
Learn your new obligations
under the stimulus package with the free HR Hero White Paper, What the Obama
Stimulus Plan Means for Employers: COBRA, Benefits, and More. In plain
English, this in-depth report will walk you through the ARRA's key provisions,
A.What Is Included?
B. Who Is Eligible?
C. What Are the Relevant Deadlines?
D. How Will It Work?
E. Help Is Available
2. Unemployment Compensation
A. More People Eligible
B. More Money
C. More Time
D. More Training
3. Other Employment-Related Provisions of the ARRA
A. Work Opportunity Tax Credit
B. H1-B Visas
C. Executive Compensation
D. Trade Adjustment Assistance
E. Whistleblower Protections
F. HIPPA Expansion
To get your FREE HR Hero white paper, simply complete the brief registration form and we'll provide you with an immediate download link.
Already an HRhero
Download here with just your e-mail address.
By downloading this white paper, you acknowledge that we have permission
to contact you. View complete
Service at (800) 274-6774.