Posts tagged 'health insurance'

January 14, 2009
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COBRA Is Aptly Named; It Bites Its Victims

The Consolidated Omnibus Budget Reconciliation Act of 1985, now known as COBRA, contains a clause allowing employees to keep their company's health insurance for up to 18 months after they leave their jobs, provided they pay the premiums. With people being laid off right and left and the ranks of the unemployed rapidly swelling, many Americans are getting their first introduction to COBRA--and...