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Why COBRA Coverage Might Not Be Your Best Option
These days, it seems like an endless number of Americans are losing their jobs — right along with their health insurance coverage. The federal law COBRA can help many in this situation by allowing the continuation of employer-sponsored coverage for a temporary period of time.
But what many don’t know is that continuing coverage with COBRA isn’t always the best option — even with the federal financial aid provided through the recently passed economic stimulus bill.