Saturday, May 29, 2010

COBRA/ARRA Update: Tough Luck Edition

Rather than take a principled stand on whether or not to extend the extension, Nancy and Harry have bailed in favor of a long, peaceful Holiday Weekend, secure in the knowledge that at least they're insured:

"Legislation that would provide an extension of federal extended unemployment benefits ... was not approved by the Senate prior to adjourning for the Memorial Day holiday weekend ... As of now, the measure is a scaled down version that extends filing deadlines through November and does not include the COBRA subsidy."

Come Tuesday, when their benefits cease, a lot of newly-uninsured folks may (rightly) wonder why they've been left behind.

Hope and Change, anyone?
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