Unemployment benefits for millions of Americans will begin to run out
tomorrow, Wednesday, June 2, 2010.
When passing the health care reform bill, Congress failed to include a
measure extending overall COBRAbenefits until 2014, when many of the
new state-run health care exchanges would be in place. Current benefits
are only available for a maximum of 18 months – not nearly enough time
in a recession rife with long-term unemployment.
Efforts are under way in Congress to do away with the temporary
extensions on legislation that allows laid-off workers to receive help
with COBRA health care premiums. The Senate passed a bill to extend the
65 percent subsidy through the end of 2010. The measure is now under
debate in the House.
On the floor of the U.S. Senate, Kentucky GOP Senator Jim Bunning
declared aloud it was “tough sh*t” if Senators disagreed with his
efforts to block an extension of unemployment benefits for jobless
Americans.
A last-minute provision put in place by Congress which allows jobless
workers to receive up to 15 months of help with COBRA payments is set
to expire.
An extension of the 65 percent COBRA subsidy was signed into law by
President Obama on December 19, 2009. This extension extends the
eligibility window for the subsidy until February 28, 2010, and also
increases the subsidy period for laid-off workers to 15 months of
coverage, up from the current nine months.
A new report
by The New York Times shows food stamp use at an all time high while
the cost of health insurance for millions of laid-off Americans has
nearly tripled as coverage for the first wave of COBRA subsidy
recipients came to an end.