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Saturday, April 4, 2009

Cobra health care changes kick in soon

For laid off workers wrestling with health care bills, April 18 will mark an important date.
That's when changes enacted by President Obama involving Cobra health care coverage kick in.
Under the old rules that will change April 18, departing workers pay all the premiums for the coverage, usually two times or more higher than their former co-workers still on the job.
Under the new rules,employers pick up 65 percent of the premiums for nine months.
For more details on the Cobra changes, check out Kitchentablenomics blogger Gene Meyer by clicking here.

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