COBRA Extension Helps Unemployed Workers This Year
Written on January 6, 2024 - 1:25 pm | by admin
Another COBRA extension helps unemployed workers without insurance. USA Today reports: “A defense spending bill signed into law Dec. 19 expands a subsidy for unemployed workers who want to continue their former employer’s health insurance coverage. Under the federal law known as COBRA, workers who leave their jobs can continue their former employer’s coverage for up to 18 months. Ordinarily, though, workers must pay the entire premium, making COBRA out of reach for most unemployed workers. The economic stimulus package enacted by Congress last year subsidized 65% of COBRA premiums for unemployed workers for up to nine months, starting in March 2009.
Tags: Helps Unemployed, Helps Unemployed Workers, Unemployed Workers, Workers