Dec 14 2009
Writing for Kaiser Health News, Andy Miller explores the current circumstances surrounding COBRA subsidies. "Congress faces mounting pressure to decide the future of a popular but temporary health insurance subsidy program -- and not just from unemployed Americans who would benefit.
Employers are anxious, too. Some say the subsidy, which pays 65 percent of the cost of a former worker's COBRA health coverage for up to nine months, is another administrative and financial burden. But if lawmakers are going to extend it, they ought to do so soon, say executives such as Warren Salerno, employee benefits director at the Interpublic Group, an advertising and marketing company based in New York. Delays result 'in additional costs to us, and it's unfair to the ex-employee,' he says" (12/11). Read entire article.
This article was reprinted from khn.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente. |