Thanks to a very generous federal subsidy of COBRA insurance payments for the unemployed, which ended on May 31, COBRA enrollment of employees laid off by large companies more than doubled, according ...
Employers could save billions next year as some of their former employees opt to discontinue their coverage under the Consolidated Omnibus Budget Reconciliation Act and purchase coverage through the ...
While most plan sponsors understand that their plans must offer continuation coverage under COBRA for their medical benefits, many administrators find themselves on less solid ground when it comes to ...
Temporary federal subsidies that have been underwriting COBRA health insurance coverage for the unemployed are due to expire within weeks, according to a report by the Columbus Dispatch. With the ...
Carolyn McClanahan, CFP, MD, is the founder and president of Life Planning Partners, Inc. She is a contributor to CNBC, Investopedia, New York Times, Wall Street Journal, and Washington Post, and a ...
Editor’s Note: ARRA 2009 provided a temporary premium subsidy for COBRA continuation coverage for certain unemployed workers. An insured or self-funded group health plan maintained by an employer to ...
Employment-based health insurance is the most common type of coverage in the U.S., so quitting a job is likely to affect your insurance status. It’s a good idea to explore your insurance options ...
If you retire before you turn 65, you may be eligible to buy COBRA insurance coverage through your employer, though this may not be affordable. You can use any HSA funds you have to cover your ...