I came across an article this afternoon explaining how the government funded health care benefits for the unemployed will run out soon if Congress fails to pass an extension. I found the article interesting, because I opted to cross my fingers and go without health benefits rather than pay my Cobra when I was unofficially retired.
“An auto parts employee laid off from his job last year has been able to hang onto his health insurance because the federal government has picked up most of the tab. That subsidy ends Tuesday for Don Hall and thousands of other Americans.
Hall’s premiums will jump $500 a month, becoming unaffordable for him and his wife. A new study finds that many other workers will be in the same position unless Congress acts.”
Expiration of health benefits
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