The U.S. Supreme Court is expected to hand down its decision on the constitutionality of the 2010 health care legislation in June. In the meantime, IRS agents are searching for violations of the COBRA rules. Under the Consolidated Omnibus Budget Reconciliation Act, dating back to 1986, an employer with 20 or more employees must offer continued health insurance coverage to departing employees for at least 18 months after their departure.
Failing to comply with the law results in a penalty of $100 per day. The IRS will focus on ensuring that workers have been properly notified and premiums have been calculated correctly.
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