Federal subsidy to Cobra insurance plan ends

December 1, 2009 7:29:43 PM PST
Thousands of unemployed Americans are losing a 65 percent discount on their cost of health insurance.A federal subsidy to the Cobra plan ended on Tuesday.

The discount was part of the economic stimulus plan.

Cobra is the program that allows workers to keep their employer's health insurance plan after they leave their job.

The subsidy lasted nine months.