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One of the key consumer benefits of the federal stimulus package – subsidies to help laid-off workers continue their health care coverage – draws to a close Wednesday, raising concerns about how the unemployed will cover those expenses.
Affordable Care Act will have little effect on the nation’s rising health spending in the next decade, according to a new report. But law’s supporters say report fails to take law’s cost-cutting measures into account.
The unemployed may soon pay more to remain on COBRA without a subsidy, look for insurance on the individual market, go on Medicaid if they qualify or lose coverage altogether.
Fernando Arriola, a contractor in New Orleans, can’t get coverage so he’s now working to set up a clinic for the uninsured.
People who signed up when it began nine months ago saw their subsidy end Nov. 30.
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