Word: haved
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Dates: during 2000-2009
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With the job outlook grim, unemployed workers received an unexpected boost this week as President Obama signed legislation authorizing a six-month extension of the COBRA health care subsidy program that was part of the economic stimulus bill passed in February. "That makes me pretty happy," says Don Hall, 56...
"For millions of laid-off workers and their families, the federal COBRA subsidies have been a health-coverage lifeline," says Ron Pollack, executive director of Families USA, a non-profit organization for health care consumers.(See the 5 things that the House and Senate have to iron out on Health...
Under the American Recovery and Reinvestment Act (ARRA), the federal subsidies pay 65% of the cost of COBRA premiums. Originally, the subsidy was to expire after nine months and unemployed families would have seen their health care premiums spike on average from $389 to $1,111 per month. This tripling...
Former Admiral, now Congressman, Joe Sestak, a Democrat from Pennsylvania, told the House of Representatives, "Hardworking people who have suffered most from the mistakes of others should not have to decide between trying to meet an enormous expense or going without health care." With nearly 15 million Americans looking for...
In Seattle, Washington, Natasha and Andrew Freidus have two small children, ages two years and four months. Andrew lost his job in the renewable energy field and the couple went on COBRA coverage, which costs $540 with the subsidy compared the full cost of $1,506. Andrew found a job...