When a worker loses a job, he or she is eligible to maintain health insurance under the Consolidated Omnibus Budget Reconciliation Act, or Cobra. While Cobra payments are typically quite expensive, a federal subsidy has recently eased the financial burden of Cobra for laid-off workers.
But the subsidy is running out, and workers are facing skyrocketing Cobra costs.If your COBRA is about to run out give Headquarter Insurance a call: