December 19, 2014

Reminder: COBRA subsidy extended

As reported in mid-April, the eligibility period for the COBRA subsidy was extended by Congress through May 31. COBRA is a federal program that permits those who lose their jobs and employer-provided health care to retain their health care through out-of-pocket payments equivalent to what they and the employer previously were paying. The subsidy helps bridge the [...]

Pay GA-23111 and COBRA electronically

Here’s an opportunity to save a 44-cent stamp and better assure your UnitedHealthcare payments for GA-23111 plans and COBRA coverage arrive on time. It’s called electronic funds transfer, or EFT, and it permits your UnitedHealthcare premiums for GA-23111 plans and COBRA coverage to be automatically deducted from your checking account, even when you are away [...]

Stimulus law helps retirees, unemployed

The economic stimulus package, formally known as the American Recovery and Reinvestment Act, contains provisions that will provide retirees with one-time payments of $250, extend unemployment benefits an additional 13 weeks, and subsidize employee-paid health-care insurance for laid off workers participating in COBRA. Railroad Retirement and Social Security annuitants will be receiving a one-time $250 [...]