Happy Merry HoHoHo!
The House and Senate have passed the legislation; Obama is expected to sign quickly. This will help you in two ways:
The eligibility period has been extended to February 28, 2010. Which means that if you become eligible for continuation of your group benefits under the COBRA laws, you will still have until 2/28/10 to take advantage of the Federal premium subsidy.
AND… if you’ve almost run through the original 9 months of subsidy, you’ll get another six months of help, for a total of 15 months.
Good news all around!