Cobra Insurance Wikipedia
Cobra Insurance Wikipedia Subsidy is as follows.
"Only 10% of Americans eligible for COBRA insurance in 2006 used it, many because they were unable to afford to pay the full premium after their job loss.
The version of the American Recovery and Reinvestment Act of 2009 passed by the House of Representatives includes a 65% subsidy for COBRA-enabled insurance for up to 12 months after losing a job, or 9 months if the loss was in the period retroactive to September 2008. As of January 30, 2009, the Senate was still considering the bill."
"Only 10% of Americans eligible for COBRA insurance in 2006 used it, many because they were unable to afford to pay the full premium after their job loss.
The version of the American Recovery and Reinvestment Act of 2009 passed by the House of Representatives includes a 65% subsidy for COBRA-enabled insurance for up to 12 months after losing a job, or 9 months if the loss was in the period retroactive to September 2008. As of January 30, 2009, the Senate was still considering the bill."
