Benefits Think Unbelievable. Thank you for the insightful comment…
Unbelievable. Thank you for the insightful comment. Just one of the many, many reasons health care reform can't happen fast enough.
Unbelievable. Thank you for the insightful comment. Just one of the many, many reasons health care reform can't happen fast enough.
Where is the government going to get the money????
I agree that COBRA payments create "sticker shock" for most applicants. In addition, only those usable to qualify for another type of coverage take the COBRA benefit. My question is IF the benefit is subsidized where will the money come from? These are so many "needs" but we cannot fund them all. Better…
The Pension Benefit Guaranty Corporation issued its Pension Insurance Data Book 2007, which shows that small plans have been terminating at a faster rate than larger plans.
While we strongly simpathize with the plight of the unemployed, subsidizing COBRA would be a mistake. The effect could significantly drive up claims costs to the employer's plan. Former employees with health problems would find it much easier to stay on COBRA, incurring claims for 18-36 months that affect…
And where would that money come from? More taxes — either on consumers or employers?
Yes, I would rather we help the laid off worker where it counts than give the money to the banks!!!Though I think 18 mos is bit long and would agree to 12 mo.
I find it interesting that insurance is too expensive for individuals to pay, while the push from the other direction has been to have employer required (paid) insurance mandates.
Not only should the government subsidize COBRA, but the law should also be changed to extend the length of time COBRA is available to those whose jobs are eliminated after age 55. It is very difficult to find another job in this economy and at older ages and almost impossible to afford individual coverage…
Be prepared! This will be the first step towards gov't sponsored universal health coverage.
Yes. When you compare the cost of other health care options under consideration as well as the cost to all of us for care for the un or under insured (which is passed on in the form of higher health care costs), the COBRA subsidy idea is worth investigating.
It might not be a bad idea but about the dependant children who will not longer be covered on their parents insurance.It would be nice if the employer would cover dependant children until age 26.
If the government subsidizes COBRA, the subsidy should not exceed 25% of the total cost. We have to come to realize the cost of the benefits we receive, and this in one way to do that.
I have mixed feelings. Having no health insurance coverage is risky enough when employed; it could be catostrophic when coupled with unemployment. Considering the current economic state, I can see the benefit of not letting citizens slip deeper into the financial abyss trying to pay for medical conditions…
It sounds like it would be another bit of help to folks who have lost their jobs.
I offer support only if they subsidize, in the same proportions, the premiums for all payors.
We know COBRA is at best a very short term solution for those who lose their jobs and need health insurance. In today's economy and high unemployment, COBRA's cost make it a very ineffective solution. I would urge the Congress and the President to find a speedy solution and subsidizing COBRA's cost…
I think it sounds like an interesting idea, I don't know if I am in favor or not. It would certainly help individuals and families who have lost their income. I have to agree that many workers have been sheltered from the true costs of health care. I have spoken with many people who tell me they were…
This happens all the time. I used to participate in a plan that didn't cover well-baby care and immunizations. I have heard hospital administrators reject intensive diabetes clinics because they "make money on complications". Without a doubt, early intervention improves outcome, but the weight of funding…