Friday, May 28, 2010

COBRA Subsidy Extension In Doubt

Huffington Post is reporting this morning that the House cut the COBRA subsidy extension from the bill entirely, and that there won't be a vote before the Memorial Day recess. If they ultimately extend unemployment and the COBRA subsidy, it's likely to be retroactive to June 1, but there will be a period of uncertainty, at best. This is very distressing. The COBRA subsidy is all that is keeping many thousands of people insured. It will be a real crisis if it is not extended. J

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