Report: Caught Between Unemployment Benefts And Health Care Costs

Squeezed! Caught between Unemployment Benefts And Health Care Costs, January 2009, by Families USA Foundation.

“This report shows that, to maintain their employer-based health coverage under COBRA [Consolidated Omnibus Budget Reconciliation Act of 1986], most unemployed people would have to devote an unrealistically high proportion of their incomes to health insurance. For many, it would take their entire unemployment check and more to continue coverage for themselves and their families. However, if laid-off workers do not continue their employer-based coverage by electing COBRA and instead seek coverage in the individual health insurance market, those with health problems are likely to find that no insurer will sell them a policy that will cover their pre-existing conditions at any price. Thus, many American workers find themselves in a catch-22.”

Report: Caught Between Unemployment Benefts And Health Care Costs

Thank you!