The jobs bill that is set to be vote on in the near future is said to contain an extension of COBRA unemployment health insurance benefits that would last for fifteen months. There is also said to be a proposed extension of six months to file for COBRA unemployment health insurance benefits and if the bill passes in the House it will then move to the Senate for final approval.
Again, from reports, it is said that the bill will hopefully be passed before the year is out, but as with most legislation there is a chance for a lengthy debate. However, many stand to lose their COBRA health insurance benefits by the end of the year if Congress doesn’t act and with so many out of work and the job market looking bleak, a COBRA unemployment extension is a necessity for many.
The cost of extending COBRA unemployment health insurance benefits seems to be the main point of contention but with these extensions coming with the job creation bill, we can hope that there will be less and less need of COBRA health insurance benefits extensions for the unemployed in the future as the job bill will ideally create and save jobs.
Those who are looking for a COBRA unemployment health insurance benefit extension are facing either losing their health insurance completely or insurmountable payments if they wish to continue in their COBRA health insurance plan.
Please return to rwbpress.com to keep up to date on news about the COBRA health insurance benefits extension.
