Paving the road to nowhere, one word at a time.

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Location: Tijuana, Baja California, Mexico

American born, living in Mexico since 1992.

Monday, February 09, 2009

The Stimulus Miracle: Chapter Sixteen - Healthy Bums Like Me

Once someone becomes dis-employed, they are eligible for COBRA, which is an extension of any Health Insurance that they had when they were employed. Once unemployed, in order to keep their Health Insurance, such people pay premiums. In this next section, the Federal government has decided that you only have to pay 35% of your premium. Again, there are rules and regulations. Also, there is some Emergency Medicaid provisions, but it would take me a week to get through it all. This all costs money. How much is anyone's guess.

Many pages of information, a lot of money spent, but no way to know the total and I'm not about to attempt a guess.

By the way, I'm listening to the President's Press Conference at the moment. The Shiny New Guy is certainly right about one thing: This entire mess got started by banks taking stupid risks while the Federal Government cheered it all on.

Next: Chapter Seventeen – The Beginning Of A National Health Care System


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