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Medicare recipients not eligible for COBRA help

Q: My husband lost his job of 20 years. He found another job but it doesn't offer medical benefits. So he is on Medicare and has supplemental insurance that costs about $450 a month. I'm on COBRA through his former employer since my part-time job doesn't offer benefits. That monthly cost is $485. We're having difficulty making these payments on our already stretched budget. Can we apply for the COBRA subsidy under the Obama administration stimulus plan even though we are both employed?

A: You might be eligible but your husband probably isn't. If he lost his job after Sept. 1, 2008, you as a dependent could be eligible for the subsidy because it is available to qualified employees and their families, said an employment attorney.

But those who receive Medicare health benefits are not eligible for the temporary federal subsidy, which pays up to 65 percent of a COBRA premium for up to nine months.

Q: My husband lost his job of 20 years. He found another job but it doesn't offer medical benefits. So he is on Medicare and has supplemental insurance that costs about $450 a month. I'm on COBRA through his former employer since my part-time job doesn't offer benefits. That monthly cost is $485. We're having difficulty making these payments on our already stretched budget. Can we apply for the COBRA subsidy under the Obama administration stimulus plan even though we are both employed?

Get the full article here.


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