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PassingFair

(22,448 posts)
5. Apparently, there was a reduced rate for those who involuntarily lost their jobs.
Mon May 7, 2012, 11:28 AM
May 2012

Employees and Former Employees
If You Lost Your Job

The Recovery Act provides eligible workers who have lost their jobs with a 65 percent subsidy for COBRA continuation premiums for themselves and their families for up to 15 months.

Eligible workers pay 35 percent of the premium to their former employers.
To qualify you must have been involuntarily separated from your job between Sept. 1, 2008, and May 31, 2010.
This subsidy is reduced if your filing status is single and your modified adjusted gross income exceeds $125,000 ($250,000 if you file a joint return). If your modified adjusted gross income exceeds $145,000 ($290,000 for joint filers), you do not qualify for the subsidy.



But even that has expired.

Looks like the COBRA rate for my family will be over $1200 a MONTH.

Nuts to that.

I'll quarantine them before I pay that.

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