December 7, 2009 |
Will they or won't they extend the COBRA subsidy? That's the question as the nine-month benefit begins to expire. The subsidy, established by the Obama administration earlier this year for people who lost their jobs, and with it their employer-based health insurance, has helped millions pay for the cost of extending that insurance. COBRA, which stands for the Consolidated Omnibus Budget Reconciliation Act, has long enabled many people who lose their job to keep their insurance, at 102% of the cost.
April 12, 2009
Re: "Access to healthcare subsidy may expand," March 31: It's great that California lawmakers have voted to expand the subsidy for health benefits under COBRA to folks who have been laid off by small businesses. But for some, coverage under the law that allows workers to keep their employer-provided health insurance for up to 18 months after they leave their jobs may prove too expensive -- even with government aid. Fortunately, the COBRA subsidy allows for some flexibility. Laid-off workers can switch to a cheaper health plan, if available through their employer, when they sign up for COBRA coverage.
November 30, 2009 |
Millions of unemployed Americans face the prospect of a huge increase in health insurance costs, thanks to the looming expiration of a government subsidy. The American Recovery and Reinvestment Act, passed in February, launched a temporary government program to subsidize the often crippling cost of buying health insurance through a former employer's plan after a layoff. However, the so-called COBRA subsidy was designed to last no more than nine months for each person who was unemployed.
February 24, 2003
Re "Residents, Developer Battle Over Housing Plans," Feb. 18: The homeowners in the El Hoyito neighborhood are sadly misinformed about affordable housing -- and about public subsidy. Instead of being breeding grounds for future criminals, nonprofit-produced housing has a long history of reducing both crime and poverty and increasing community involvement -- a contribution to any community. The construction itself produces jobs, and the on-site services fill gaps left by dwindling state and federal resources.
CALIFORNIA | LOCAL
June 14, 2012 |
Responding to appeals from an array of construction unions, the Los Angeles City Council on Wednesday approved a $67.3-million subsidy for a new downtown hotel across from L.A. Live. The council voted 10 to 1 to provide developers of a 23-story Marriott complex on Olympic Boulevard a tax rebate equal to half of the revenue - from sales taxes, property taxes, parking taxes, business taxes, utility taxes and room taxes - generated by the project over 25 years. That money will flow to the developers, Williams/Dame & Associates and American Life Inc., in the form of a hotel tax rebate, said Chief Legislative Analyst Gerry Miller.
CALIFORNIA | LOCAL
April 16, 1986 |
It's after 9 a.m. and Nadine Stoops, 76, is ready to do battle with K mart. When the No. 37 bus that will take her there lumbers to a stop on Euclid Avenue, the Garden Grove widow climbs the three steps, smiles at the driver and helps herself to a seat. In most cities, Stoops would have been nabbed for ignoring the fare box. But in Orange County, at least for the last 12 years, senior citizens ride free except during rush hours when they pay a discount fare of 35 cents.