News Headlines Article

Employees and retirees can lose health insurance when a firm closes or is sold
Washington Post

For some people, the promise of employer-provided health insurance is reason enough to take a job or stay put in one. But unexpected events — a corporate bankruptcy or sale, for example — can undermine the security of on-the-job coverage and leave both employees and retirees with few affordable options.

Starting in 2014, the Affordable Care Act will make it easier for people who lose their job-based coverage to get comprehensive health insurance at a price they can afford through the state-based health insurance exchanges.