COBRA subsidy has Ended

Since February 2009, Congress has extended the Cobra subsidy for unemployed workers four times. The last extension ended on May 31, 2010. Congress may consider reinstating the subsidy in the future, but for right now there is no indication that they will. The last day of May was the cutoff point for unemployed individuals to qualify for the subsidy. May 31 also marked the end of 15 month eligibility period for the initial group of unemployed workers who were covered under the Cobra subsidy program. Unemployed Americans are going to have to find health insurance coverage on the individual or group side asap. For more information, visit http://www.GizmoHealth.com.