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Jobless Should Evaluate COBRA, Medicare in Light of 2009 Recovery Act
Date:4/15/2009

Allsup outlines COBRA and Medicare considerations; people with disabilities need to evaluate options for continuing healthcare coverage

Belleville, Ill. (PRWEB) April 15, 2009 -- Healthcare provisions in the 2009 American Recovery and Reinvestment Act (ARRA) may be crucial to those who have lost their jobs. That's especially true for people with disabilities no longer able to work, according to Allsup, a leading provider of Social Security disability, financial and healthcare-related services to people with disabilities.

The provision affects people who lost their jobs involuntarily between Sept. 1, 2008, and Dec. 31, 2009, and whose employers provide COBRA coverage.

"This part of the legislation aims to help people get access to healthcare coverage when otherwise they won't because of lost income and high costs," said Paul Gada, a tax attorney and personal financial planning director for the Allsup Disability Life Planning Center.

"Continuing healthcare and medical treatment is particularly important for people with progressive illness or conditions that keep them from returning to the work force," Mr. Gada said. "This economy is bad news for people who have been struggling physically to keep working because of a disability. Now they've lost their jobs and, as a result, they may have lost their healthcare coverage."

Allsup provides more information below and online about the ARRA COBRA provisions, including

Source: PRWeb
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