Monday, March 23, 2009


The Cobra law allows terminated workers to continue in their former employer's health plan for up to 18 months by paying the full cost of the premiums (plus a 2% administration fee). Today I elected to do this. This was an easy decision as my former employer as part of my separation package will pick up most of the cost for a year. The recent stimulus program also provides a subsidy for the first nine months (with an income limitation). So I won't have to worry about heath insurance for a while.

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