COBRA premiums are set for a 12-month period. Note the end of the premium subsidy period. COBRA premium subsidies instituted by the American Recovery and Reinvestment Act of 2009 expired May 31, 2010; COBRA beneficiaries who received benefits between Sept. 1, 2008 and May 31, 2010 were eligible for reduced premiums.
Labor day is celebrated in the month of September every year.
In the United States and Canada, the first Monday of September is a federal holiday, Labor Day. Originally celebrated in New York City's Union Square in 1882, Labor Day was organized by unions as a rare day of rest for the overworked during the Industrial Revolution.