Tuesday, August 11, 2009

Laid off? You may qualify for COBRA discount

Many misinformed about subsidy that shaves 65 percent off health costs

Alison Onianwa, who was laid off six months ago from her job as associate director for a logistics firm in Fort Lauderdale, Fla., was eligible for a new discount on expensive COBRA insurance but didn’t know it.

Marylynn Francis, who lost her job as a sales manager for a San Antonio, Texas, hotel in May, heard about the COBRA subsidy from her tax preparer. However, due to an error on the part of her employer, she was told she was couldn't get it — even though she qualified.

http://www.msnbc.msn.com/id/32303045/ns/business-careers/

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