This week Pam
Sayad appeared on both MarketWatch.com and the
WSJ.com
to discuss the new COBRA healthcare benefits
contained in the Stimulus
Package signed into law by President Obama on
February 17. The new rules
are highly beneficial to terminated employees
who opt into COBRA coverage
under their former employer’s group health
plan. These benefits are so
new that there are many employers and terminated
employees who are unaware
of the benefits and of what must be done in
order to comply. In the
interview with MarketWatch.com Pam was able to
provide the basic
highlights of the program. The federal
government is fast-tracking this
program to provide immediate relief to the many
people who have lost their
jobs since September 1, 2008 as a result of the
economic downturn. Please
make sure you know your rights as an employee
and your obligations as an
employer.
To view the video and read an accompanying
article on negotiating
severance agreements (“Get What’s Coming to You;
Laid-Off Workers Can
Negotiate a Bigger Severance Package”), click
the link below.
You will also find updated information on Sayad
& Biren’s website.
Click on “Employment Law News.”
