One important provision of the just-passed stimulus bill (the American Recovery and Reinvestment Act) establishes a new federal subsidy which will offset 65 percent of the cost of COBRA health coverage for up to nine months for workers who involuntarily lose their jobs between September 1, 2008, and December 31, 2009. The law includes an income threshold which phases out the subsidy for higher income earners. The U.S. Labor Department will release implementing regulations soon. The new law raises a number of questions, many of which are addressed in the Baker & Daniels alert: A Practical Guide to Surviving the New COBRA Minefield.