by Guest » Tue Mar 02, 2010 09:35 am
Is it true that we can pay only 35% of our health insurance premium once we get enrolled for Cobra? It would really help if we know the relationship between the Cobra benefits and the Stimulus Bill.
Posted: Tue Mar 02, 2010 06:01 pm Post Subject:
Check out this link for COBRA info.
http://www.dol.gov/ebsa/newsroom/fscobrapremiumreduction.html
Posted: Wed Mar 03, 2010 07:42 am Post Subject:
I'm sure that the COBRA stimulus plan is designed to serve families who're financially struggling to make both ends meet. Of late it has become a painful experience for many such families to pay for the COBRA benefits.
If you've been enrolled under a COBRA plan, you're entitled to get your premium reduced by 65%. I'm sure it would be beneficial for you and your family.
Posted: Thu Mar 04, 2010 12:28 pm Post Subject:
Have you lost your job of late? I guess you may re-enroll under the Stimulus plan, even when they'd rejected your coverage application earlier. There are many people out there who'd simply wish to opt out of their health insurance under COBRA.
Posted: Fri Mar 05, 2010 06:44 am Post Subject:
I've come across 2 key points regarding the Stimulus plan -
First of all, subsidies will be offered till 9 months. Another thing I remember is that the Treasury Dept. will subsidize current Cobra premiums worth 65%.
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