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COBRA Enrollment Doubles after Federal Subisdy August 25, 2009

Posted by solutionsinsuranceservices in COBRA, Health Insurance.
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It’s not only the cash for clunkers piece of the economic stimulus package that has proven to be an overwhelming success. Since the federal government began paying 65% of the COBRA Premium for up to nine months, COBRA enrollment has doubled according to an analysis conducted by Hewitt Associates, Inc.

For the period March through June enrollment rates for laid-off employees averaged 38% compared to 19% in the prior period.

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