COBRA-YES WE CAN!

DSC03097, originally uploaded by ecallanet.

I have already posted about this but it’s SUCH an important part of the Stimulus plan that people need to be paying attention to NOW. If you’ve been laid off since September 1, 2008, you should read this article on the COBRA section of the new Stimulus plan. Until now, COBRA has been so expensive it’s almost not an option for the recently unemployed. Thanks to the new President’s Stimulus Plan, COBRA is finally affordable. Under the new plan, your employer has to cover 65% of your COBRA costs (the employer is then reimbursed by the US Treasury-but that’s not your concern!). As I’ve said before, I think this is a HUGE step in the right direction. To see Suze Orman’s take on it, skip down to my first posting.

COBRA Stimulus Plan – How the COBRA Premium Subsidy will Help More Get COBRA Benefits

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