COBRA Benefits To Be Extended
Workers who lose their jobs and enroll in Government sponsored COBRA coverage will now be able to maintain that health insurance coverage indefinitely until they find replacement coverage (as long as they continue to pay the monthly premiums).
Previously health coverage via COBRA was only available for a maximum of 18 months after they lose their jobs.
The provision which is not truly “law” yet, was authored by California Democratic Congresswoman Susan Davis and would become law if the full House and Senate allow it to stay in the underlying health overhaul bill and pass that legislation.