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Affordable Health Insurance For the Unemployed is Still Possible
May 30, 2009 on 5:58 pm | By admin | In Health | 52 CommentsWith health insurance costs and unemployment rates rising simultaneously, it seems that the perfect storm has hit more and more people in the U.S.affordable health care However; for someone who is willing to take some initiative there are viable options available. This particularly holds true if the person in question is recently unemployed. The Consolidated Omnibus Budget Reconciliation Act of 1986 or “COBRA” as it is commonly referred to dictates that most employees who were member of an employers health insurance plan be allowed to continue their coverage after the employment has been terminated. In most case, the time frame dictated by the COBRA act is 18 months that they will be allowed to continue with their preexisting health insurance policy.
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