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Bobbie Sage

Government COBRA Help to End

By , About.com GuideJune 8, 2010

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According to The Wall Street Journal, "Just a few months after passing the comprehensive health-care overhaul, U.S. lawmakers appear willing to risk a short-term backslide in the push to reduce the number of uninsured Americans until the legislation's major provisions take effect in 2014."

"Unless Congress passes an extension retroactively, people who lose their jobs on or after June 1 no longer will receive government financial help to cover 65% of their premium costs for Cobra health coverage, which lets them continue on their former employer's group health plan."

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