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Bill proposed by NY governor to ensure continued access to health coverage for unemployed
SCallahan
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3-24-2009 1:07 PM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/cfc0a75f-d262-4b2a-81aa-73e2c5e07f42/50EE404B-D0C3-4684-956B-019E48B04068/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.healthplanone.com/blog/index.php/2009/03/24/uncategorized/bill-proposed-by-ny-governor-to-ensure-continued-access-to-health-coverage-for-unemployed.html" href="http://www.healthplanone.com/blog/index.php/2009/03/24/uncategorized/bill-proposed-by-ny-governor-to-ensure-continued-access-to-health-coverage-for-unemployed.html" style="font-size: 11px;">www.healthplanone.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.healthplanone.com/blog/index.php/2009/03/24/uncategorized/bill-proposed-by-ny-governor-to-ensure-continued-access-to-health-coverage-for-unemployed.html"> <P class=MsoNormal style="MARGIN: 0in 0in 10pt"><SPAN style="FONT-SIZE: small; FONT-FAMILY: Calibri">According to a press release last week, Governor David Patterson (NY) submitted a bill to ensure that New Yorkers laid off by small business can qualify for federal benefits that pay up to 65% of COBRA health insurance premiums. <A href="http://www.dol.gov/dol/topic/health-plans/cobra.htm">COBRA</A>, or the Consolidated Omnibus Budget Reconciliation Act of 1985 gives workers and their families who lose their health benefits the right to choose to continue coverage provided by their <A href="http://www.healthplanone.com/smallbusiness.aspx">group health plan </A>for a limited period of time. </SPAN></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.healthplanone.com/blog/index.php/2009/03/24/uncategorized/bill-proposed-by-ny-governor-to-ensure-continued-access-to-health-coverage-for-unemployed.html"><SPAN style="mso-bidi-font-family: 'Times New Roman'"><SPAN style="FONT-SIZE: small"><SPAN style="FONT-FAMILY: Calibri"> The American Recovery and reinvestment Act (ARRA), signed into law in February, makes a subsidy of 65% available to help cover the cost of COBRA health insurance premiums. Income limitations apply and no subsidies are available to individuals making annual incomes greater than $125,000 and couples making more than $250,000 annually. </SPAN></SPAN></SPAN></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/50EE404B-D0C3-4684-956B-019E48B04068/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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