COBRA Insurance Information Advocates
Wednesday, March 10
How does Short-Term Medical Insurance benefit?
Short Term Medical insurance is designed for people who need temporary health insurance coverage for up to 12 months. It has never been easier or faster to get health insurance. With easy-to-complete, online applications and next-day coverage, you aren't stressing the unknown. In a time where many receive the Cobra Subsidy, many don't take the extra step to see what else is out there. Of course, a 65% discount sounds great, but what if you could save even more?
Whether you are:
- Between Jobs
- Looking for an affordable COBRA insurance alternative
- Recent college graduate
- Temporary or seasonal employee
- Unemployed or laid-off
- Waiting for other health insurance
- Any temporary need of health coverage
A simple accident like a broken bone or torn muscle can cost thousands of dollars. Short Term Medical insurance is often highlighted by freedom to choose provider, but added access when utilizing an in-network provider. They also contain many benefits when hospitalized or simply getting a check-up. Options could also include co-pays or co-insurance rates. Don't fear the unknown when going through hard-enough times, be aware of all of your options.
Labels: COBRA, cobra subsidy, Insurance, unemployed, unemployment
¶ 4:19 PM
Monday, March 8
Obama demanding yes or no; Public support at stake
As President Obama made his press conference on Wednesday, March 3, wheels began to pick up the pace on both the Republican and Democratic sides. In legislation that implicates many of the same subjects that so heavily have been debated to date; the American citizens are not only showing they care by electoral upsets, but are tuning in to a news outlet in overwhelming rates.
Outlined in his speech, the President is stressing both sides of the political carpet to make a decision. Many are no longer looking for a "Super Majority", but now willing to seek a yes or no by putting the bill through reconcilliation. Enabling passing of the bill will only need a simple majority of both House and Senate. Having been used in the past, it must also be noted that every time a highly controversial bill be passed with limited support powers of congress have swung from one political party to the other.
President Urges Congress to Hold Final Vote on Health Care Soon
Outlined in his speech, the President is stressing both sides of the political carpet to make a decision. Many are no longer looking for a "Super Majority", but now willing to seek a yes or no by putting the bill through reconcilliation. Enabling passing of the bill will only need a simple majority of both House and Senate. Having been used in the past, it must also be noted that every time a highly controversial bill be passed with limited support powers of congress have swung from one political party to the other.
President Urges Congress to Hold Final Vote on Health Care Soon
Labels: COBRA, cobra subsidy, Insurance, unemployed, unemployment
¶ 8:29 AM
Wednesday, March 3
COBRA Stopgap Signed
Tuesday continued to revolve around Healthcare and COBRA subsidies. Earlier Tuesday, President Obama signed into effect a 31-day extension for the COBRA subsidy. This will extend the coverage offered to those involuntarily terminated from March 1st to the 31st. The subsidy will cover 65% of the total premium.
Currently the Senate is debating and will continue debating a piece of legislation (H.R. 4213) that will extend the subsidy until December 31, 2010. In estimates, the new bill would exceed $100 million dollars and Congress would be responsible for finding ways to fund through cuts in other spending.
Labels: COBRA, cobra subsidy, Insurance, unemployed, unemployment
¶ 8:44 AM
Tuesday, March 2
COBRA Subsidy on Agenda
Discussion today is expected to take place in the Senate chamber that will tackle unemployment and the cobra subsidy. Sunday, the COBRA subsidy expired leaving many unemployed without the means to afford coverage. While the House soundly passing a "stopgap" subsidy, the Senate could not move to do the same.
On the Senate agenda today at 1:15 p.m., CST, is a discussion on jobs, unemployment benefits, and tax subjects. Assuming those subjects, we can expect that a discussion about the COBRA subsidy extension will be of priority.
Labels: COBRA, cobra subsidy, Insurance, unemployment
¶ 11:09 AM
Monday, March 1
COBRA Subsidy Expires; Unemployed Waiting
As the weekend came and went, so did the COBRA subsidy. Many now left to go look for temporary coverage or play a "waiting" game to see if/when the subsidy will be extended once again. Republicans search for a plan to pay for the cost before approving any legislation that will put more money towards a continually increasing national debt.
Labels: COBRA, cobra subsidy, Insurance, unemployed, unemployment
¶ 9:13 AM
Friday, February 26
COBRA extension soon in place...
Today the House of Representatives approved an extension of 31-days to the COBRA subsidy program. This means those being terminated after February 28th will have the subsidy available until the 31st of March, if approved by the Senate as well. As of this moment the Senate has not passed its version of the extension H.R. 1586.
House approves stopgap COBRA subsidy extension
House approves stopgap COBRA subsidy extension
Labels: COBRA, cobra subsidy, Insurance, unemployment
¶ 2:08 PM
Thursday, February 25
New Jobs Bill: Addressing COBRA subsidy
Day by day the deadline approaches to when the COBRA premium subsidy is set to expire (February 28th, 2010). After being striped from a planned legislation proposal as part of the Patriot Act extension, a new jobs bill has been drafted. The bill would extend COBRA premium subsidies for another 10 months for those who were involuntarily terminated from their employer. Failure to extend the deadline, would mean that those laid off after March 1st would not be eligible for COBRA subsidy entitlements.
The new jobs bill will also allot more time to business owners to fulfill pension plan obligations.
Labels: COBRA, cobra subsidy, Insurance, unemployed, unemployment
¶ 12:53 PM
Wednesday, February 24
Reid Pushing for COBRA extension and more...
In similar reports Majority leader Henry Reid (D) has planned extensions for the COBRA subsidy. As details continue to be known, it looks as if Reid will be proposing a plan that will allow for a 30-day extensions of the COBRA subsidy, parts of the Patriot Act, and prevention of cuts in the Medicaid program.
Being called a "stopgap" measure, the subsidy is set to expire February 28. Cutting it very close to the deadline has already proven costly. With the date approaching many unemployment agencies have begun sending out letters that are addressing the issue.
Labels: COBRA, cobra subsidy, Insurance, unemployment
¶ 11:48 AM
Tuesday, February 23
COBRA Subsidy Set to Expire; Extension Not Seen as a Fix
Senate Majority Leader Henry Reid plans to address expiring unemployment benefits by extending a COBRA subsidy by two weeks. While those being unemployed see this as added time to finding alternative options, if still jobless by the end of the time period, unemployment office are urging a more longer extension. Seeing as benefits are processed on a weekly basis, that 15th day is foreseen as a serious conundrum to workers. Many offices have already begun sending out letters and without a more lengthy extension the plan is really being seen more of a hindrance than a help.
Labels: COBRA, Insurance, unemployment
¶ 12:51 PM
