U.S. Health Insurance: Only About One Of Ten Unemployed Workers Obtain COBRA Coverage

As unemployment rates reach the highest levels in 16 years, a new analysis from the Commonwealth Fund finds that few laid-off workers -- only 9 percent -- took up coverage under the Consolidated Omnibus Budget Reconciliation Act in 2006. Unemployed workers who also lose their health insurance would need substantial financial assistance, covering 75 to 85 percent of their health insurance premiums, for their premium contributions to remain at levels they paid while they were working.

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