On March 2, 2010 President Obama signed a temporary extension of the COBRA subsidy. This extension continues the 65% COBRA premium subsidy through March 31, 2010. The bill expands eligibility for the COBRA subsidy to some individuals who are involuntarily terminated after they experience a qualifying event of reduction in hours. Congress is currently weighing a longer extension of the COBRA subsidy which would extend the program until December 31, 2010.