Stimulus Plan Bails Out Insurance Companies

By: Brian Simpson (Diary)  |  January 24th at 05:02 PM  | 

The Heritage Foundation has pointed out that the pending stimulus legislation includes a provision in it that would subsidize COBRA to the tune of $30.3 billion. For a quick primer (or reminder for those who know what COBRA is), let’s see how the U.S. Department of Labor defines the program: The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families who lose their | Read More »