by Colleen Rivecca
Did you know that COBRA health insurance subsidies and emergency Unemployment Compensation are set to expire on February 28, 2010?
According to the Bureau of Labor Statistics, California had a 12.4 % unemployment rate in December 2009. That means that there are currently 2,254,381 unemployed people in our state. Around 150,000 of them stand to lose their unemployment benefits and nearly 1 million stand to lose their COBRA health insurance subsidies at the end of this month.
As California Healthline reported in December, the average COBRA premium is $1,107 a month in California, about $720 of which is covered by the federal subsidy. The average unemployment compensation benefit in California amounts to $1,349 per month.
Our friends at NETWORK: A National Catholic Social Justice Lobby have a nifty form on their website that makes it easy to advocate for an extension to Unemployment benefits and COBRA subsidies. Visit NETWORK’s website to find out more.