News Headlines Article

Health Law Preserves Cobra Plan
New York Times

If you’ve recently joined the ranks of the unemployed or are worried that you soon will, you may be wondering if the sweeping new health law will help you. Will you, for instance, still be able to get health insurance under the government-mandated Cobra program? If so, for how long? And at what price? “Basically the version of the health law that passed leaves Cobra coverage the way it always was, no changes,” said Kathryn L. Bakich, national health care compliance director for the Segal Company, a benefits consultant. But other aspects of the law may provide a little bit of relief for people who can’t afford or are no longer eligible for Cobra, she added.