If you're on COBRA-PAY ATTENTION!!!

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It looks like the stimulus package is really coming home to roost. In the best of ways! As it turns out part of the package is a subsidy of 65% of COBRA payments. Here's an article about it.

I'm sure nothing is this easy but if you are paying for COBRA or know someone who is this information could save hundreds. Here's the juice:

Question: What are the advantages of continuing coverage through COBRA with this new subsidy?

Answer:

-- You'll enjoy a 65% cost savings for nine months on your COBRA premium.

Your former employer covers the difference between the subsidy and the full
premium, and is compensated by the Treasury through a tax credit.