The COBRA Subsidy does not pay a specific amount, rather is pay a percentage of your total COBRA premium. The subsidy pays 65% of your premium. So that means, if your COBRA premium was 1000 dollars per months, you are only required to pay 350. Your paying 35 cents to the dollar! Keep in mind [...]

The most recent stimulus package, signed into law on February 17, 2009, includes a section known as the COBRA Subsidy. This in fact is a subsidy offered through the Department of Labor for all those who could have or did become eligible for COBRA between Sept. 1, 2008, and Dec. 31, 2009. So if you [...]