Stimulus makes Cobra coverage a better bet
Wall Street Journal, February 19, 2009
As part of the economic-stimulus package signed into law, the federal government will provide a nine-month subsidy covering 65% of the Cobra premium for people who qualify. Eligible workers who originally opted not to take Cobra but who now want the subsidized version have 60 days after they receive notice from their employers to sign up, says Richard G. Schwartz, a benefits lawyer in New York.
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