Summary
Last week, Carole Williams' COBRA premium nearly tripled to $417 a month -- nearly a third of her monthly unemployment payments.
Before then, the 63-yearold Union woman paid only $147 a month, thanks to a subsidy in the federal stimulus package. The American Recovery and Reinvestment Act (ARRA) created a ninemonth fund that helped laid-off workers buy coverage at 35 percent of the full cost. But that subsidy expired last week for Williams and many others who started getting it in March, leaving them in health care limbo while Congress deliberates about whether to extend the subsidy.See the full content of this document
Extract
Cobra Subsidy Offered Lifeline to Laid Off Worker
Health care experts typically would advise Williams and other workers like her not to drop their COBRA coverage, but ...
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