CORRECTION: Final IRS health care reform rules address federal premium subsidies

An item in Tuesday’s Business Insurance Daily News incorrectly reported that the Internal Revenue Service finalized an earlier proposed health care reform law rule in which low- and middle-income retirees younger than age 65 who are eligible for health care coverage from their former employers — but do not actually enroll in the plans — will be eligible for federal premium subsidies in 2014 to buy coverage through public exchanges.

In addition, another part of the proposed regulation under which former employees and dependents, such as widowed or divorced spouses, who are eligible for but not enrolled in COBRA continuation coverage, also will be eligible for the federal premium subsidies, also was not yet finalized.