News Headlines Article

Federal subsidy for COBRA health coverage to expire
San Luis Obispo Tribune

One of the key consumer benefits of the federal stimulus package — subsidies to help laid-off workers continue their health-care coverage — draws to a close Wednesday, raising concerns about how the unemployed will cover those expenses. It’s a dilemma that Holly Jespersen knows first-hand. She lost her job twice in the past two years — both times losing her employer-paid health insurance. But the second time, she paid about $350 a month more for insurance than she had the first time because she didn’t qualify for the subsidy.